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Azerbaijan’s $2.8B Secret Slush Fund Buys off European Politicians: Report

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Russian President Vladimir Putin, right, shakes hands with Azerbaijani President Ilham Aliyev on, Sept. 16, 2022. (Alexandr Demyanchuk, Sputnik, Kremlin Pool Photo via AP)
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Azerbaijan’s ruling elite ran a secret $2.8 billion slush fund for two years to pay off European politicians and pay for luxury purchases, an investigation has shown.

The secret fund, dubbed Azerbaijani Laundromat, was used by the government to win favor among international peers, according to the report published this week by the Organized Crime and Corruption Reporting Project .

Read more at CNBC.

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