He was arrested on Monday “in an international law enforcement operation led by the Spanish Guard. Two of his associates have also been arrested in Spain, one in the United Kingdom,” the EU law enforcement agency Europol said in a statement.
Europol did not release the name of the suspect, but a source close to the investigation, who also has links to Irish newspapers, said he was John Francis Morrissey, 62, who is linked to the notorious Kinahan organized crime group.
JFMorrissey “and his co-conspirators collected large sums of money in cash from criminal organizations and then ‘delivered’ them to criminal organizations in other countries,” Europol said. Using the so-called hawala underground banking system, which operates on the basis of face-to-face transactions, “the suspects are believed to have laundered more than $200 million.” Europol reported.
JFMorrissey “is one of our most valuable targets,” Europol spokeswoman Claire Georges told AFP. “He was arrested following a complex investigation led by the Spanish Civil Guard, working together with Britain’s National Crime Agency (NCA), Dutch police and the Irish Guard and Europol,” she said.