On 4 April, Estonian broadcaster ERR published a report on ‘dirty Libyan money found in Estonia’. The investigative report looks at a 2017 incident when significant quantities of money were stolen from the Central Bank of Libya. According to the report, banknotes damaged and ‘soiled’ during the heist eventually found their way to Estonia’s banking system, namely the Bank of Estonia, which officially offers a service whereby damaged banknotes can be replaced. However, Estonia never intervened, because domestic law stipulates that money laundering requires an offense to predicate it before it can be proven as such, but Libya has never officially stated that the bank robbery ever took place.
Read the full report here.