Reported by  SAFAALHARATHY

An investigative report broadcast on the Estonian television program “Eyewitness” revealed that millions of euros belonging to the Libyan state, which were held in the Central Bank of Libya branch in Benghazi, ended up being laundered and used in Estonia.

The report indicated that approximately 80 million euros of the bank’s funds were compromised by water damage, rendering them unsuitable for customary expenditure, with the majority of usable funds being directed towards waging wars.

Mattis Maeker, the director of the anti-money laundering office in Estonia, stated, “It is probable that funds which entered Estonia were damaged in the CBL Benghazi branch due to flooding in the vaults.”

Meanwhile, Raivo Roosve, the head of the cash and infrastructure department at the Bank of Estonia, confirmed that some of these damaged banknotes made their way to Estonia and required “literal and figurative” laundering.

Read full report: https://libyaobserver.ly/news/millions-libyan-state-funds-laundered-through-estonia-report-claims