Fri | Jun 22, 2018

Multi agency money laundering probe recovers undetermined sum of money

Published:Thursday | June 14, 2018 | 11:04 AM

Law enforcement sources have confirmed that a number of secondary operations related to a multi-agency money laundering probe have resulted in the seizure of an undetermined sum of cash.

"They were still counting the money up to late yesterday," one source revealed.

The disclosure comes more than a week after the multi-agency investigation resulted in the seizure of more than $30 million in cash and three high-end motor vehicles during an operation in Old Harbour, St Catherine.

But, since that operation, there has been no official statement from the police or other law enforcement agencies involved in the investigation, something that has raised concerns.

"Not even a confirmatory statement acknowledging that the operation took place," the law enforcement source noted.

It's reported that a BMW motorcar, an Audi sports utility vehicle and a Honda Accord were among the motor vehicles seized during the operation and that one man was taken into custody.

According to investigators, the man was grilled by detectives for hours and has indicated that the money was given to him by a political figure to invest.

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