The naming of Tory donor and business tycoon Javad Marandi in a major money laundering case brought by the National Crime Agency is a vital victory for open justice in the public interest, campaigners and lawyers have said after judges criticised the businessman’s failure to provide evidence to support his case for anonymity.
A law enforcement agency in former EU member state the United Kingdom has announced that it has seized millions of pounds allegedly laundered via Baltic states Latvia and Estonia on behalf of figures.
Millions of euros in laundered money of Azerbaijani origin is thought to have passed through Estonia to the UK, that country's National Crime Agency (NCA) reports. A UK judge said evidence that the scheme, known as the 'Azerbaijan laundromat', had been in operation was 'overwhelming'. Some of the funds are thought to have passed though the now-defunct Tallinn branch of Danske Bank.