Money laundering: 50 million dinars and 1.861 kg of gold seized
By the AFREEQUE newsroom, based on TSA
People's National Army security services dismantled a criminal network specialising in money laundering in the 5th Military Region and arrested eight suspects. The operation resulted in the seizure of nearly 50 million dinars, 45,125 euros, 1.861 kilograms of gold, eight vehicles and four hunting rifles, according to the Ministry of National Defence.
Algeria's Ministry of National Defence announced the arrest of eight people and the seizure of nearly 5 billion centimes, equivalent to 50 million dinars, following the dismantling of an organised criminal network specialising in money laundering. The operation was carried out on Saturday 7 November 2026 by security services in the 5th Military Region, in eastern Algeria.
Security forces also recovered 45,125 euros, 1.861 kg of gold, eight passenger vehicles and four hunting rifles, as well as other items used in money laundering operations, according to the Ministry of National Defence. The ministry said the operation demonstrated the mobilisation of People's National Army units against activities capable of harming the national economy.
The operation follows the seizure of 250 billion centimes in a money laundering case announced on 2 October. It also follows the arrest of two suspects and the seizure of 120,000 euros in Oran in a foreign currency trafficking case foreign currency trafficking in Oran.
