THE PUBLIC Ministry is investigating four banks suspected of participation in money laundering and fiscal fraud.
According to Portuguese daily newspaper Jornal de Notícias, Banco Espírito Santo (BES), Banco Comercial Português (BCP), Banco Português de Negócios (BPN) and Finibanco are apparently the banks under investigation. Suspects allegedly despatched millions of euros to fiscal havens, via fictitious businesses controlled by the banks in question.
Jornal de Notícias adds that hundreds of searches are being carried out in banks as well as in the offices of lawyers linked to offshore havens.
