Dirty money, literally: P5M worth of Euro bills found clogging toilets in Switzerland


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Swiss prosecutors have opened up an investigation after toilets in a bank and three restaurants were blocked by $100,000 (approximately Php5million) in high-denomination euro bills, they said on Monday.

It was the Tribune de Geneve newspaper which first reported the unusual deposit; stating the first blockage occurred in the toilet serving the vault at UBS (Union Bank of Switzerland) in Geneva in May, and three nearby restaurants found their facilities clogged with shredded 500-euro notes a few days later.

The cash was reportedly confiscated during the investigation.

“We are not so interested in the motive but we want to be sure of the origin of the money,” spokesman Vincent Derouand said in an article by Reuters.

He added that the investigation would first focus on where the cash was from, because destroying bank notes or clogging toilets were both not a crime in Switzerland.

Detectives have not disclosed the suspects’ identities but the newspaper said they were two Spanish women. Detectives are unsure why the suspects would have wanted to dispose of the cash and investigation processes are attempting to unravel the mystery whether the cash were proceeds of crime or stolen.

UBS declined to comment about the story.

 

This article has been viewed 143 times. Article originally posted: September 20, 2017, 5:14 pm (UTC-0). Last update: September 20, 2017 at 5:14 pm (UTC-0).

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