Police detectives set up a false company, laundered £15m, and then gave it back to suspects so that they could continue gathering evidence, the BBC reported.
But judge George Bathurst-Norman threw the case out of court, describing the case as ‘massively illegal’ and amounting to entrapment in the case of two suspects. As a result ten defendants have walked free.
‘Laundering money in such large quantities back to suspected criminals will raise serious question marks in any right-thinking member of the public,’ he said.
Taxpayers are facing a bill of £25m for the case which had lasted for five years.
Scotland Yard claimed it had gained approval from all relevant authorities at every stage of the investigation, and police had liased with the Crown Prosecution Service at all times.
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