An MRE tried for a vast money laundering network

The trial of a Moroccan residing in Gibraltar, head of an international network specializing in laundering money from international drug trafficking and its members, also of Moroccan nationality, continues before the Sebta court.

Since October 8, 2024, members of the network have been appearing before the Sebta court. The network is involved in the illicit transfer of money from international drug trafficking via pleasure boats belonging to famous Moroccan personalities, reports Assaba. It emerges from the investigations carried out by the Spanish security services that the MRE which is at the head of the network had the time to enrich itself by creating companies active in different fields and by acquiring real estate and other assets including sports cars, large displacement cars, jewelry, agricultural land or even pleasure boats even though he has no declared source of income. All of these assets are registered in the name of his friends and relatives.