OM shut down investigation into Russian oligarchs

The Public Prosecution Service has dismissed several investigations into money laundering in the Netherlands by Russian oligarchs partially because it feared a political struggle, according to NRC. It concerned the Amsterdam Trade Bank and the Hoofddorp branch of Valmet, a trust office that was later renamed Mutual Trust. Then, in 2005, the OM raided Valmet's Hoofddorp branch amid a larger investigation into the trust office and its directors. NRC reported that Mutual Trust Netherlands, formerly Valmet, attempted on Friday to prevent the publication of an article on Russian money in Hoofddorp.