The competent investigation authorities are interrogating those accused of being an organized gang formation to launder about 45 million pounds in illegal acts. The investigation authorities confront the accused with the security investigation report prepared by the competent authorities in the Ministry of Interior, and revealed that the owner of a petroleum transportation company and his son used their criminal activities to steal petroleum materials. Through terrestrial pipelines in large quantities, reselling them on the black market, profiting them, and collecting large sums of money, to achieve illegal profit and money laundering, and they participated in the formation of a gang formation that specialized in stealing oil and profited and collected large sums of money as a result, and resorted to laundering that money as a result of their criminal activities. Referred to.
Investigations continued that the defendants used several methods to hide their illegal activities, including the purchase of real estate – cars – companies, 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, as that property was estimated at about 45 million pounds.
The prosecution also confronts the defendants with the seized documents, which included documents proving that they obtained the money by stealing petroleum materials in addition to other non-suspicious activities. Through this criminal activity, obtaining huge amounts of money and wealth, and hiding them around several activities, real estate, and cars, to show their legitimacy, contrary to reality.
The General Administration for Combating Public Money Crimes in the Public Money Crimes and Organized Crime Sector has taken legal measures against (the owner of a company for transporting petroleum materials and his son, a “partner in the same company” – residing in Cairo Governorate) for their criminal activity in the field of stealing petroleum materials from oil pipelines and selling them on the black market And their attempt to launder the proceeds of that criminal activity by (establishing companies and commercial establishments, buying housing units and cars), as well as depositing some of that money in bank accounts of their own and that of their family members in some banks with the intention of concealing the source of that money and dyeing it with the legal character, and showing it as if it resulted from They are legitimate entities, and the acts of washing carried out by the two aforementioned were estimated at (approximately 45 million Egyptian pounds), and legal measures were taken, and the Public Prosecution Office conducted the investigation.
2023-05-01 00:00:00
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