Police raid Bank of Portugal in €17m fraud investigation
Central bank “fully co-operating” with authorities in IT procurement embezzlement case
The Portuguese criminal investigation police are investigating employees at the country’s central bank in connection with an embezzlement case.
The authorities intend to “collect information related to employees” at the Bank of Portugal, investigators said. Police also raided the country’s water authority, registries institute and the general secretariat of the ministry of justice.
In a statement on April 3, the police said that the investigation, codenamed “Operation Pactum”, was related to IT
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