FinCEN Files: Investigation into Dirty Money Transfers from Major Global Banks

At least $ 2 trillion in suspicious transactions were carried out between 2000 and 2017 by several major global banks. This is what an investigation by the International Consortium of Investigative Journalists, made up of 400 journalists from the media in 88 countries, including the investigation units of Radio France and the newspaper Le Monde, reveals.
For their investigation, ICIJ journalists were able to obtain "suspicious activity reports". These are top-secret documents that US bank internal compliance officials send to US financial intelligence agencies when they detect questionable money transfers.

According to these documents, 2,000 billion dollars in suspicious transactions may have been carried out. It is dirty money linked to drugs, corruption, organized crime and terrorism.

Large banks are singled out like JP Morgan, Deutsche Bank, Bank of New York Mellon or HSBC. They ensure, however, that they make significant efforts to combat financial crime an…

Morocco-Spain: Cooperation between security services is exemplary, says Grande-Marlaska

Spain said Thursday that cooperation between its security services and those of Morocco was exemplary, particularly in the fight against illegal immigration, terrorism and drug trafficking.

"The daily joint action carried out by the security services of Spain and Morocco is exemplary and gives positive and concrete results", underlined the Spanish Minister of the Interior, Fernando Grande-Marlaska, during a meeting held in Rabat with his Moroccan counterpart, Mr. Abdelouafi Laftit.

Grande-Marlaska

On this occasion, Mr. Grande-Marlaska drew up a positive assessment of the cooperation between Spain and Morocco throughout 2019 and expressed his willingness to continue working together on the basis of the “same principle of mutual trust” in 2020, underlines a press release from the Spanish Ministry of the Interior, published at the end of this meeting.

"Cooperation with Morocco in the home sector is a priority for Spain," said the Spanish minister.

In this context, he highlighted the “cooperation and support of the Moroccan authorities in the fight against human trafficking networks”, a collaboration which contributed, according to Mr. Grande-Marlaska, to a decrease of 53 , 4% of the number of irregular migrants arriving in Spain by sea in 2019 compared to the previous year.

He also reiterated the will of the Spanish government to continue to defend before the institutions of the European Union "the crucial importance of Morocco as a strategic partner in matters of migration and in many other fields".


In the area of ​​the fight against terrorism, the Spanish minister assured that the cooperation between his country and Morocco “continues to bear fruit”.

"We must welcome the joint operations against jihadist terrorism carried out by our security forces since 2014," he said.

He also welcomed the "numerous joint operations" against drug trafficking networks and organized criminal groups active in Spain and Morocco.