According to Europol, “one of the largest money launderers in Europe” was caught in a raid in southern Spain. He is said to have laundered illegal proceeds of more than 200 million euros.
The arrest of the British-Irish suspect is the result of an international investigation led by Spain’s Guardia Civil, the European police authority said Thursday. Two of the man’s alleged accomplices were arrested in Spain and another in Britain.
Huge sums of money raised
Europol has not provided any information on the identity of the money launderer. Investigators and Irish newspapers said it was a 62-year-old with ties to the notorious Kinahan criminal gang. According to Europol, the suspect and his accomplices collected “enormous sums of money from criminal organizations” and then forwarded them to criminal organizations in other countries. They used the informal financial system of hawala for this.
“One of our priority goals”.
Europol spokeswoman Claire Georges said the arrest had “achieved one of our priority objectives”. Police forces in Spain, Great Britain, Ireland and the Netherlands and Europol worked together to achieve this success.
Source: Krone
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