ING Belgium pays €1.6 million settlement in money-laundering investigation surrounding Didier Reynders
ING Belgium has paid a €1.6 million settlement to the Brussels public prosecutor to avoid prosecution in the money-laundering investigation surrounding former EU Commissioner Didier Reynders. The investigation into Reynders himself is still ongoing.
ING Belgium has reached a €1.6 million settlement with the Brussels public prosecutor's office, thereby avoiding prosecution in the money-laundering investigation surrounding former European Commissioner and ex-minister Didier Reynders.
The settlement follows a complaint filed by the National Bank in April 2025 against ING Belgium over possible complicity in money laundering. According to the case file, it concerned 245 cash deposits between 2001 and 2017, totalling €836,500, and 779 transfers via e-Lotto between 2017 and 2024, amounting to €202,491.35.
Reynders is suspected of having bought National Lottery tickets for years in order to have the proceeds returned to his account, laundered.
The €1,600,000 proposed by the prosecutor is the legal maximum for money laundering. ING agreed to the settlement but stresses that it does not constitute an admission of guilt. The payment brings the criminal investigation against the bank itself to an end.
The investigation into Didier Reynders personally is still ongoing at the Brussels prosecutor-general's office.
Source: De Morgen, BRUZZ, VRT NWS.
Source: GNews BE Justitie