Germany is a paradise for terrorists and mafiosi: Police union wants financial police like in Italy. Criminals launder assets worth 100 billion euros every year.
Enough money to finance the federal government's climate package twice over. But the investigators only see one percent of all cases. Conversely, money launderers are 99 percent successful. The federal government wants to change that: with a law and a completely new higher federal authority. The Federal Office to Combat Financial Crime (BBF) will work at two locations in Cologne and Dresden.