Leonardo, what has Google Pay done?

13 January 20213 years ago babelfish

Google Payments and Google Ireland, as part of the investigation into Trans-part bribes to Leonardo's managers, have allowed "the transfer of sums of money from tax fraud, hindering the identification of the criminal origin", according to prosecutors from Milan. All the details

There are also two Google companies involved in the investigation of the Milan prosecutor's office on bribes to Leonardo's managers (the injured party) by some executives of the Milanese company Trans-Part . Through the platforms Google Ireland and Google Payments there have been some movements of money in full anonymity and with the guarantee of non-traceability of capital.

All the details.

THE INVESTIGATION

Money laundering, tax crimes and corruption between individuals: these are the accusations made by the Milan prosecutor's office, in an investigation by the Milan prosecutor Gaetano Ruta, against 14 people and 3 companies. Some managers of Trans-Port would have given – according to the point of the Ansa agency – "bribes, commissions 'out of sack' on the contracts awarded and various and good gifts to 10 employees of Leonardo, former Finmeccanica, and now the injured party, in exchange for orders, obtained with the disclosure of confidential information or by rigging the competition desks ".

THE ROLE OF GOOGLE IRELAND AND GOOGLE PAYAMENTS

The system, writes Ansa , would have been designed, according to the Prosecutor's Office, also thanks to a contribution from Google Pay, with the power of attorney which, based on the law on the liability of entities, has launched the investigation into the possible responsibilities of Google Ireland and Google Payments.

THE MECHANISM

To understand the responsibilities of the Mountain View giant, it is necessary to retrace the entire system developed. The bribes – according to the hypothesis of accusations by the Milanese magistrates – given to 10 employees of Leonardo would come, writes the Corriere della Sera today , from funds set up by transferring profits made in Italy by Trans Part srl to its subsidiary in the United States, Ftb International corp. Ftb International, between 2012 and 2016, would have turned over about 6 million euros to three companies based, respectively, in Panama, Ireland and Great Britain. These moves cost Trans-Part the accusation of tax fraud and money laundering.

The money arrived in the hands of Leonardo's employees thanks to the Google Pay application, according to journalistic reconstructions: about 400 thousand euros came out of the offshore companies to be paid into an account opened on Google Pay, from which they were turned over to Italian employees by Leonardo.

GOOGLE TO AVOID TRACKING

Thanks to the Google Pay apps. Google Ireland and Google Payments, according to what was written by the PM as reported today by the newspaper Repubblica , TransPart carried out "the transfer of sums of money from tax fraud", hiding "the identification of the criminal origin". The "interposition" of the two Google companies did not make it possible to "trace the identification of the person who ordered the transfers".

GOOGLE READY TO COLLABORATE

The Google group, however, says it is ready to collaborate. "Of course, we will lend our fullest cooperation to the investigation", said a spokesman for Big G. The company received "as part of a larger investigation, a guarantee information for a hypothesis of administrative offense in relation to financial movements that would have been carried out using our platforms ”, added the spokesman for the American giant.

This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/leonardo-che-cosa-ha-combinato-google-pay/ on Wed, 13 Jan 2021 14:19:35 +0000.