The Shkodra Prosecution Office has sent two members of a family to trial for money laundering and concealment of assets, who are accused of investing proceeds from criminal drug activity in movable and immovable property in Albania.
The investigations launched in 2019 were recently completed and the file has been sent to the Court for trial, with the criminal offense of “Laundering the proceeds of a criminal offense or criminal activity”, provided for by Article 287 of the Criminal Code.
The defendants are GM, as the main perpetrator, and his family member KM.
“The investigations conducted within the framework of criminal proceedings no. 2216, of 2019, resulted in the fact that citizen GM, previously investigated for criminal offenses in the field of narcotics, is suspected of having invested and transferred profits from criminal activity in movable and immovable property, as well as in other economic activities. The investigations have also identified financial and property transactions carried out on behalf of his family members, citizen KM ,” the prosecution’s file states.
During the investigation, data from state, banking, tax and cadastral institutions were administered, and a financial expertise was conducted, which resulted in a significant discrepancy between the assets owned and the documented legal income.