Suspected money laundering proceeds seized by the NCA

The UK National Crime Agency announced on May 19, 2020, that it had recovered approximately £6.4 ($8,042,059) from a bank account held by The Albatross Limited, a Liberian company incorporated in the 1970s.  The NCA initiated an investigation of the funds, and issued a Notice of Forfeiture on April 8, 2020 after Commerzbank AG London reported unusual activity on the account to the National Economic Crime Centre.  The ensuing investigation revealed that the account had been established with false identities, and that it had no relationship with the shipping company named by The Albatross in connection with the account.  The NCA obtained a freezing order on the account in October 2019.

NCA news release

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