https://news.radioalgerie.dz/en/node/93980

Spanish police have dismantled a vast money laundering network linked to the so-called "Dubai Bank," arresting 21 people across several countries—including 14 in Spain—and seizing assets worth 20 million euros, media reports announced Tuesday.

The operation targeted individuals considered leading figures in international cocaine trafficking and was coordinated by the Special Anti-Drug Prosecutor's Office of the Spanish National High Court. One of the leaders, nicknamed "El Tigre," reportedly directed the network alongside other organized crime masterminds from Dubai, United Arab Emirates.

The operation was conducted by the Spanish National Police's UDEF (Financial Crime Unit) and UDYCO (Organized Crime and Narcotics Unit), with assistance from police specialists from the Netherlands, Belgium, the United States, and the United Kingdom, including the Scottish police.

According to information from the Spanish Ministry of Interior, the mission was part of the Europol Operational Task Force (OTF) TOKEN.

In addition to the 21 arrests, 19 international arrest warrants were issued, seven of which have already been executed. Investigators established links between the "Dubai Bank" network and four alleged top-tier drug traffickers.

Dubai is considered a financial hub for narcotics traffickers, serving as a major operational base for centralizing drug profits and as a command center for managing logistics with maritime clans.