Austrian investigators have decided to clarify all disputes regarding the operations of Hypo Bank in Southeast Europe. The SOKO Hypo police group, consisting of 45 police officers, prosecutors, and financial experts, raided the headquarters of Hypo Bank in Klagenfurt.
They aimed to secure documentation related to five subsidiary companies of Hypo Bank in Southeast Europe. They will sift through documentation going back up to 15 years to determine if there has been any money laundering. Some cases in Croatia will also be under scrutiny. HTV has managed to learn that investigators are checking documentation regarding four major transactions of Hypo Bank in Croatia that will be thoroughly investigated. However, no one wants to speak about the details. In some of these cases, if the investigation reaches its conclusion, high-ranking political officials, both current and former, could be implicated.(www.hrt.hr)
