Spain busts lucrative Chinese-Arab money laundering ring

Police in Spain say they have cracked a smuggling ring responsible for trafficking people from Syria to Europe via Sudan. (AP/File)
Short Url
Updated 15 May 2025
Follow

Spain busts lucrative Chinese-Arab money laundering ring

  • Police said the investigation began after the dismantling of a migrant-trafficking gang
  • Police arrested 17 mostly Chinese and Syrian suspects in January

MADRID: Spanish police on Thursday said they had broken up a Chinese-Arab ring that laundered $21 million of proceeds from people and drug trafficking through the informal “hawala” money transfer system.

Police said the investigation began after the dismantling of a migrant-trafficking gang transporting mostly Syrians between Algeria and Spain, which led to a probe into their finances.

An Arab branch of the network “took charge of the reception of money in any part of the world,” while a separate Chinese branch supplied the cash in Spain in exchange for cryptocurrencies.

Police arrested 17 mostly Chinese and Syrian suspects in January — 15 in Spain, one in Austria and another in Belgium — said EU law enforcement agency Europol which supported the operation.

The network’s Belgium-based leader had “Jordanian-Palestinian nationality” and facilitated contacts within Spain, police chief inspector Encarna Ortega told a press conference in Madrid.

He is suspected of coordinating a litany of operations, mainly laundering money from the proceeds of trafficking humans and drugs, she added.

In total, the suspects moved $21 million between June 2022 and September 2024, Spanish police said.

Authorities seized from them 205,000 euros ($229,000) in cash, more than 183,000 euros in cryptocurrency, 18 vehicles, real estate property and illegal cigars worth more than 600,000 euros destined for sale in China.

Hawala is traditional system of moving money between countries based on confidence and a network of intermediaries with minimal paperwork which is popular in parts of Asia and Africa.

The method is especially common among migrant workers who send remittances to their families, but it has also been linked with financing terrorism.


Another construction crane collapse in Thailand kills 2 people a day after deadly train derailment

Updated 5 sec ago
Follow

Another construction crane collapse in Thailand kills 2 people a day after deadly train derailment

  • A construction crane has collapsed onto an elevated road near Bangkok, a day after another construction accident in northeastern Thailand killed 32 people
NAKHON RATCHASIMA, Thailand: A construction crane collapsed onto an elevated road near Bangkok, killing two people on Thursday, a day after another crane fell on a moving passenger train in northeastern Thailand and killed 32 people.
The work on an extension of the Rama 2 Road expressway — a major artery leading from Bangkok — has become notorious for construction accidents, some of them fatal.
The crane collapsed at part of the road project in Samut Sakhon province, trapping two vehicles in the wreckage, according to the government’s Public Relations Department.
Transport Minister Phiphat Ratchakitprakarn said on Thai TV Channel 7 that two people had died. It was unclear if anyone else had been trapped in the wreckage.
There was uncertainty about the number of victims because the site is still considered too dangerous for search teams to enter, said Suchart Tongteng, a rescue worker with the Ruamkatanyu Foundation.
“At this moment, we still can’t say whether another collapse could happen,” he said, citing dangling steel plates. “That’s why there are no rescue personnel inside the scene, only teams conducting on-site safety assessments.”
At the site of Wednesday’s train derailment, the search for survivors ended, Nakhon Ratchasima Gov. Anuphong Suksomnit said. Three passengers listed as missing were presumed to have gotten off the train earlier, but that was still being investigated.
Officials believed 171 people had been aboard the train’s three carriages, which were being removed from the scene Thursday.
The crane that fell, crushing part of the train, was a launching gantry crane, a mobile piece of equipment often used in building elevated roadways.
Police were still collecting evidence and interviewing witnesses and have not pressed charges, provincial Police Chief Narongsak Promta told reporters.
South Korea’s Foreign Ministry reported a South Korean man in his late 30s, was among the dead.
The high-speed rail project where the accident occurred is associated with the plan to connect China with Southeast Asia under Beijing’s Belt and Road Initiative.
In August 2024, a railway tunnel on the planned route, also in Nakhon Ratchasima, collapsed, killing three workers.
Anan Phonimdaeng, acting governor of the State Railway of Thailand, said the project’s contractor is Italian-Thai Development, with a Chinese company responsible for design and construction supervision.
A statement posted on the website of the company, also known as Italthai, expressed condolences to the victims and said the company would pay compensation to the families of the dead and hospitalization expenses for the injured.
Transport Minister Phiphat said Italthai was also the lead contractor on the highway project where Thursday’s accident took place, though several other companies are also involved.
The rail accident had already sparked outrage because Italthai was also the co-lead contractor for the State Audit Building in Bangkok that collapsed during construction last March during a major earthquake centered in Myanmar. The building’s collapse was the worst quake damage in Thailand and about 100 people were killed.
Twenty-three individuals and companies have been indicted, including Italthai’s president and the local director for the company China Railway No. 10, the project’s joint venture partner. The charges in the case include professional negligence and document forgery, and Thailand’s Department of Special Investigation has recommended more indictments.
The involvement of Chinese companies in both projects has also drawn attention, as has Italthai and Chinese companies’ involvement in the construction of several expressway extensions in and around Bangkok where several accidents, some fatal, have occurred.
In Beijing, Chinese Foreign Ministry spokesperson Mao Ning said Wednesday the government was aware of the rail accident and had expressed condolences.