“Four Accused of Gang Formation and Money Laundering Worth 200 Million Pounds Caught by Authorities”

I wrote the wish of the wave

Sunday, May 28, 2023 02:00 AM

The competent authorities confronted the defendants with the minutes of security investigations prepared by the competent authorities in the Ministry of Interior, and revealed that the defendants used their criminal activities in the field of drug trafficking, to achieve illegal profit and money laundering, and participated in drug trafficking, profited and collected large sums of money as a result, and resorted to laundering That money is the proceeds of their criminal activities referred to.

Investigations added that the defendants used several methods to hide their illegal activities, including the purchase of agricultural lands – real estate – cars – companies – car offices – restaurants and cafeterias, and they made many cash deposits and checks for large amounts and repeatedly, without clarity of the relationship or the nature of the activity of any of them. Those properties were estimated at about 200 million pounds

And the General Administration for Drug Control in the Anti-Narcotics, Weapons and Unlicensed Ammunition Sector, in coordination with the (National Security and Public Security) sectors, was able to take legal measures against (4 people) for trafficking in narcotic substances, promoting them to their clients, profiting from them, collecting large sums of money, and trying to launder the money obtained. From their illegal trade by conducting withdrawals and deposits of those amounts in various banks and establishing commercial activities and buying land, real estate and cars, with the intention of concealing the source of these funds and dyeing them with a legal character, and showing them as if they were the result of legitimate entities, as these properties were estimated at (approximately 200_million pounds).