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CRIME

French drug gang leader arrested in Morocco: officials

The alleged leader of a major drug gang from the southern French port city of Marseille has been arrested in Morocco, French authorities announced on Saturday.

Police officers are seen in the northern district of in Marseille
Police officers are seen in the northern district of in Marseille, southern France in 2023. An alleged leader of a major drug gang in the port city has been arrested in Morocco. (Photo by CLEMENT MAHOUDEAU / AFP)

Marseille, France’s second-largest city but also one of its poorest metropoles, has been hit by drug-related violence.

“One of Marseille’s biggest drug traffickers was arrested in Morocco. Bravo to the police officers who tirelessly continue the fight against drug trafficking,” French Interior Minister Gerald Darmanin wrote on X, formerly Twitter.

He thanked the authorities of Morocco, saying “a big blow” had been dealt to drug trafficking.

Marseille prosecutor Nicolas Bessone told AFP that Felix Bingui, 33, had been detained in the port city of Casablanca, Morocco’s largest city.

Bingui is believed to be the leader of Yoda, one of Marseille’s main drug gangs.

According to a source, the arrest was the result of months-long cooperation between French and Moroccan officials.

The gritty Mediterranean city’s northern neighbourhoods, notorious for their rundown streets and housing estates, are seen as the hub of the narcotics trade.

The city has in recent years witnessed a turf war for control of the highly profitable drug market between Yoda and another major clan known as DZ Mafia.

According to a source close to the investigation, Bingui regularly shuttled back and forth between France and Morocco until the outbreak of the turf war with DZ Mafia in February, 2023.

Last year, 49 people were killed and more than 120 received injuries in drug-related violence between rival gangs in Marseille.

A notorious drug smuggler, Karim Harrat, was extradited from Morocco to France in 2023.

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BANKING

Danish bank to pay millions to end French laundering probe

Denmark’s largest bank has agreed to pay a multi-million sum to end legal pursuits in France linked to alleged money laundering in its Estonian subsidiary that resulted in heavy US penalties

Danish bank to pay millions to end French laundering probe

Danske Bank will pay €6.3million (47million kroner) to end French financial authorities’ investigation.

An independent auditor’s report published in 2018 alleged Danske Bank’s Estonian unit allegedly laundered some €200billion through 15,000 accounts from 2007 to 2015.

The payment was agreed on August 27th with France’s national financial crime prosecutors and validated by a court on Wednesday. The agreement does not involve any admission of guilt.

Danske last December pleaded guilty in the United States and paid a $2billion fine.

The bank last October set aside an amount roughly equal to its US fine in expectation of legal pursuits in several countries.

Probes are underway in Estonia, Denmark, and Britain.

France charged Danske in 2019 with organised money laundering, which it denied, saying it was unaware of its Estonian subsidiary’s activities.

Tracfin, the French finance ministry’s anti-money laundering unit, found suspect movements on two accounts linked to a Franco-Russian businesswoman who has since been handed a two-year suspended sentence.

At Wednesday’s hearing, Danske’s counsel Niels Heering said his institution was “happy to reach this accord which for us is a way to close this chapter”, adding that “cracking down on financial fraud remains a priority” for the bank.

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