By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Corrupt Spanish lawyer arrested for EUR 4.5 million fishery project bribe in Equatorial Guinea
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > WORLD NEWS > Corrupt Spanish lawyer arrested for EUR 4.5 million fishery project bribe in Equatorial Guinea
WORLD NEWS

Corrupt Spanish lawyer arrested for EUR 4.5 million fishery project bribe in Equatorial Guinea

Published: August 15, 2024
Share
SHARE

The Spanish National Police (Policía Nacional) have arrested a lawyer suspected of corrupting high-level officials close to the Equatorial Guinea government. Europol supported this investigation, which uncovered that the suspect had transferred around EUR 4.5 million via his project development company. Allegedly, the aim was to obtain an agreement to build a factory catering to the African country’s fishing sector.

Law enforcement conducted two house searches on the action day, which took place in Asturias (Spain) on 2 July 2024 and led to the lawyer’s arrest. Five pieces of real estate valued EUR 4.5 million were seized, along with EUR 30 000 in cash and 21 bank accounts containing over EUR 2 million.

A suspiciously dormant project

The suspect’s company, which was registered in Spain, had reported hardly any commercial activity since its establishment. It had never developed any project, neither in Spain nor in any other country. However, between 2020 and 2022 the company reported two income streams for a total amount of over EUR 4.5 million. Further investigation showed that individuals close to the Equatorial Guinea government were among the beneficiaries of these sums.

These payments were related to a contract signed in 2019 between the government of the African country and the Spanish company in order to start up a fishery products processing plant. Originally, the project was supposed to be completed within two years of the signing. The lawyer and owner of the company is now charged with corruption, money laundering, falsification of accounts and forgery of documents.

Europol’s role

Using SIENA, Spanish authorities shared their first insights with Europol, who then provided analytical support. On the action day, two Europol analysts supported the searches in Spain with a Virtual Command Post that had been set up in Europol’s headquarters in The Hague. Offering real-time operational support, the experts cross-checked the results of the house searches in Spain against Europol’s databases, thus providing further leads to the officers on the spot.

Modric at Milan Unveiling: I’m Here to Win Trophies
EUFOR Marks the Change of Command of the German Contingent
Trump: The Situation with the Negotiations with Iran will be clearer in 10 Days
Interview: Bosnian Damir Eskerica is at the top of the World Luxury Furniture Industry
Netanyahu postpones the Evacuation of 150 wounded Children from Gaza to the UAE
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Grant Agreement Worth 3.5 Million Euros From The EU For The Corridor Vc in BiH
Next Article Sarajevo Film Festival presents Special Environmental Awareness Award
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

The OHR stands in Solidarity with all Victims, Survivors and their Families
September 7, 2026
EUFOR and NATO HQ Sarajevo Host Ambassadors’ Roundtable and Renew Embassy Evacuation Arrangements
September 7, 2026
Barbarez selects Players for the upcoming UEFA Nations League Matches
September 7, 2026
BiH FM announced the Withdrawal of the Staff of the BiH Embassy from Serbia
September 7, 2026
The use of Tourist Vouchers begins in Republika Srpska
September 7, 2026
The OSCE reacted over the Broadcast of the Commemoration of the Hague Prisoner Ratko Mladic
September 7, 2026
Increased Number of Voters in Brcko District for the upcoming General Elections
September 7, 2026
This is no longer a Question of Football, but of a Moral Depth
September 7, 2026
Zvizdic Calls Out EU Officials: Your Reactions to Glorification of Criminal Mladic Are Mild and Sterile
September 7, 2026
“Future is the EU” – BiH young people demand their voices are heard
September 7, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?