Tuesday 26/November/2024 – 07:05 PM
The general administration of Anti-drugs In the sector of combating drugs, weapons and unlicensed ammunition, in coordination with the relevant security services, legal procedures are taken against a person who was previously accused in many drug cases – residing in Giza Governorate, for laundering money obtained from engaging in a criminal activity specializing in trafficking and promoting narcotic substances, and his attempt to hide its source, give it a legal character, and make it appear as if it were Generated by legitimate entities by establishing business activities – purchasing real estate, land, cars.
A criminal element was arrested for laundering 150 million pounds
These properties were estimated at approximately 150 million pounds. Legal measures were taken.
This comes as a continuation of the efforts of the Ministry of Interior agencies aimed at combating money laundering crimes, tracking the wealth of those with criminal activities, inventorying and monitoring their property, and taking legal measures against them.
Laundering 100 million pounds from drug trafficking
In a separate context, the General Administration for Combating Narcotics, the Sector of Combating Unlicensed Drugs, Weapons and Ammunition, in coordination with the relevant security services, took legal action against two individuals, one of whom had criminal information – residing in Cairo Governorate, for laundering money obtained from engaging in a criminal activity specialized in trafficking and promoting narcotic substances, and for attempting to hide its source. Giving it a legal character and making it appear as if it resulted from legitimate entities through the establishment of commercial activities – purchasing real estate and cars.
These properties were estimated at approximately 100 million pounds, and legal measures were taken.
This comes as a continuation of the efforts of the Ministry of Interior agencies aimed at combating money laundering crimes, tracking the wealth of those with criminal activities, inventorying and monitoring their property, and taking legal measures against them.
