Money Laundry

CBE: Egypt's legislations run with int'l money laundering standards

Thu, 01 Sep 2022 - 04:56 GMT

The CBE first deputy referred to the importance of incorporating required legislative amendments into all world countries' money systems to include amending the anti-money laundering and terrorism financing laws, together with their executive regulations to cope with the latest technological advances in the financial domain.

13 drug dealers arrested after laundering LE 55M: police

Tue, 18 Jun 2019 - 10:42 GMT

The gang laundered money through buying lands, real estate, cars, companies, restaurants and cafes.

Egyptians fiercely defend Syrian refugees amid money laundry allegations

Tue, 11 Jun 2019 - 04:09 GMT

Nabil Naeem said that the Syrian economic activity represents money laundry operations for the sake of some terrorist groups.

Last lawsuit against Ahmed Ezz dismissed per reconciliation

Sun, 12 Aug 2018 - 06:27 GMT

Inking a reconciliation deal worth LE100 million ($5.6 million) with the Egyptian government, the lawsuit against Ezz was dropped.

Police says $13 billion laundered through Estonia

Fri, 25 May 2018 - 05:00 GMT

More than $13 billion (11 billion euros) were laundered through banks in the small Baltic state of Estonia from 2012-2016