Home News Public Prosecutor investigating ‘missing €10 billion’ in offshore transfers

Public Prosecutor investigating ‘missing €10 billion’ in offshore transfers

Published on 22/09/2017

After months of collecting information on ‘the case of the missing €10 billion,’ the total amount transferred offshore while the treasury was asleep at the wheel, the Public Prosecutor’s Office has opened a formal investigation and the Department of Investigation and Criminal Action in Lisbon is on the case.

The information gathering stage has been going on since February this year and by the summer, the Public Prosecutor’s Office had collected enough evidence to open an investigation into the mysterious transfers of enormous sums to overseas accounts that strangely were not subject to inspection by the Tax Authority – a computer glitch was blamed.


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