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Saturday 20 September 2008

Police Friday announced the arrest of nine people in the northern Basque Country region suspected of laundering more than 32 million euros

Police Friday announced the arrest of nine people in the northern Basque Country region suspected of laundering more than 32 million euros by sending large sums to Latin America.A probe revealed “several irregularities in payments made overseas from five offices, two of them in Irun and three in San Sebastian,” a police statement said.“Since 2006, those arrested could have sent more than 32 million euros (45 million dollars) gained from illegal activities,” it said, adding that the transfers were made to Colombia, Nicaragua and Honduras.The statement did not specify the nature of the illegal activities.Spain is Europe’s main point of transit for cocaine from South America, mostly from its former colony Colombia, the world’s top producer of the drug.The country has become the biggest consumer of cocaine in continental Europe, and is one of the world’s top users of the drug, according to a report published in January by the United Nation’s Office on Drugs and Crime.

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