Published by Global Banking & Finance Review®
Posted on April 3, 2025
2 min readLast updated: January 24, 2026
Add as preferred source on GooglePortuguese police raided public offices, including the central bank, in a corruption probe targeting IT service contracts from 2017-2025.
LISBON (Reuters) - Portuguese police on Thursday raided the offices of several public institutions in a corruption probe involving the acquisition of information technology services, including at the Bank of Portugal, which confirmed the searches.
Police said in a statement they were carrying out 75 searches in Lisbon, Porto and Braga at homes, accounting firms, company headquarters, and public institutions, targeting employees rather than any high-ranking public officials.
The Bank of Portugal confirmed in a statement it was one of the entities targeted by the searches and that it was fully collaborating with the investigation.
The police said the searches were related to IT services contracts of several public entities and by a private company in 2017-2025, over suspicions of active and passive corruption, document forgery, fraud, influence peddling and other crimes.
They said the targets of the investigation were "a group of individuals who, through joint efforts and in a premeditated manner, tainted dozens of public and private contracting procedures, for a global value of no less than 17 million euros ($19 million)".
"These searches are intended to gather information related to employees of these services and were not aimed at political decision-makers," the police said.
($1 = 0.9050 euros)
(Reporting by Sergio Goncalves.; Editing by Mark Potter)
The article discusses Portuguese police raiding public offices, including the central bank, in an IT-related corruption probe.
The raids targeted employees involved in IT service contracts, not high-ranking officials.
Suspected crimes include corruption, document forgery, fraud, and influence peddling.
Explore more articles in the Headlines category
