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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!