Arrest of a Money-Laundering Gang in Aswan Worth 90 Million EGP
Egyptian authorities uncover a criminal network in Aswan that laundered 90 million pounds from drug trafficking through real estate and car purchases.
In a major security operation, Egypt’s Ministry of Interior announced the arrest of seven individuals in Aswan accused of laundering nearly 90 million Egyptian pounds, proceeds from drug trafficking activities.
Investigations revealed that the suspects — including five with prior criminal records — used their illegal gains to purchase real estate, agricultural lands, and vehicles, disguising their origins and making them appear as legitimate business investments.
The total value of the laundered money was estimated at around 90 million pounds, according to official reports. The ministry emphasized that this crackdown is part of a broader national effort to combat organized crime and money laundering by tracing illegal wealth and seizing assets linked to criminal activity.
Meanwhile, in Kafr El-Sheikh, police conducted a security campaign that led to the arrest of three suspects, the seizure of five firearms, and a quantity of heroin prepared for distribution — part of ongoing efforts to maintain public safety and order.
Authorities in Giza ordered the detention of a suspect for four days pending investigation after he allegedly blackmailed a business owner by threatening to publish private photos of the victim's sister.
Egypt's Ministry of Interior continued its crackdown on illegal foreign currency trading, seizing cases worth more than EGP 3 million within 24 hours.
A private car caught fire on the Matrouh–Alexandria Road, resulting in severe damage to the vehicle. Civil Defense teams extinguished the blaze without any reported injuries.
Two young men were injured after a motorcycle overturned at the entrance to New Assiut City. Both were transported to the hospital for treatment as authorities launched an investigation.
