Luxembourg Times: Banque Internationale à Luxembourg (BIL) at centre of Azerbaijani embezzlement scandal

A joint investigation led by the OCCRP reveals that Banque Internationale à Luxembourg (BIL) played a key role in moving embezzled funds from Azerbaijan. The UK’s National Crime Agency highlighted BIL’s involvement in funneling millions from Azerbaijan’s International Bank of Azerbaijan to Europe. These funds were used to purchase luxury properties in the UK and France…