Portuguese police carry out mass searches in Espirito Santo case


  • World
  • Friday, 28 Nov 2014

LISBON (Reuters) - Portuguese police carried out mass searches into the collapsed business empire of the Espirito Santo family on Thursday, including on 34 homes, on suspicions of fraud, tax evasion and money laundering, the prosecutor general said.

The searches marked the most visible action yet by Portuguese authorities into the Espirito Santo family business empire, one of the country's richest, which crumbled under a mountain of debt in August.

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