Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

EU, Financial Crime

NEWS: Thousands of ‘zombie companies’ used to launder cash in Belgium, says court President

By PAUL O’DONOGHUE, Senior Correspondent

CRIMINALS are using tens of thousands so-called ‘zombie companies’ to launder dirty money, according to a senior commercial figure.

Pierre-Yves de Harven, President of the French-speaking Business Court of Brussels, said the court has worked to dissolve many of these entities.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!