A Spanish lawyer was arrested for allegedly bribing Equatorial Guinea officials with EUR 4.5 million to secure a fishery project contract. The Spanish police, with Europol’s assistance, conducted multiple searches and seized assets worth over EUR 6.5 million. The lawyer faces serious charges, including corruption and money laundering.
The Spanish National Police has arrested a lawyer implicated in a bribery scheme involving high-ranking officials in Equatorial Guinea, with Europol’s support. The attorney allegedly transferred EUR 4.5 million through a project development firm, aiming to secure a contract for constructing a fishery factory in the country. During the investigative operation on July 2, 2024, law enforcement seized five properties valued at EUR 4.5 million, EUR 30,000 in cash, and over EUR 2 million from 21 bank accounts associated with the suspect. The lawyer now faces charges including corruption, money laundering, and forgery.
This case sheds light on the serious issues of corruption within international business dealings, particularly in the context of lucrative projects like fisheries. Notably, it highlights the role of Europol and national law enforcement in combating organized crime across borders. The investigation began over discrepancies in the lawyer’s company, which had not shown significant activity but allegedly funneled millions to government officials in Equatorial Guinea, pointing to systemic corruption within the project’s funding and development.
In conclusion, the arrest of the Spanish lawyer underscores the ongoing battle against corruption in international development projects. With significant financial assets seized and charges of corruption and money laundering filed, this case illustrates the collaborative efforts of international law enforcement to uphold integrity in business dealings. The findings also emphasize the importance of thorough oversight in large contracts to prevent misconduct.
Original Source: www.europol.europa.eu
