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TIRANA, April 4 – Albanian law enforcement authorities seized about €9 million in suspected money laundering transfers and bank accounts in 2017 with the majority of identified cases originating from drug trafficking and cultivation, according to an annual report by the country’s Financial Intelligence Unit. The amount temporarily seized by courts and prosecutors until a final decision on their possible confiscation is slightly higher compared to €8.1 million in 2016 and a record high of about €14 million in 2014. The Financial Intelligence Unit can temporarily block transactions or assets for 72 hours in case of suspicion that criminal proceeds…
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