Briton amongst 13 arrested for money laundering on Tenerife

 

group of 13 people have been arrested on the south of Tenerife on suspicion of laundering money for two Naples Camorra clans, the Nuvoletta and the Polverino. A Briton and a Moroccan national are amongst the detainees, while the remainder have Italian nationality. More than 50 property searches took place as part of the operation ordered by Central Instruction Court No. 6 at the Spanish National Court and a number of bank accounts have been embargoed. The prosecutor’s office against corruption and organised crime said in a statement on Tuesday that collaboration with their colleagues in Naples was key in providing information for the operation. According to the statement, the Nuvoletta clan has been investing in Spain since the 1990s, particularly in the southern Tenerife towns of Arona and Adeje in recent years, where they own the Marina Palace tourist palace. The clan is led in Spain by a man named by EFE as G.F., whose network of companies are mainly businesses which are registered on Tenerife. They are linked to real estate, the hotel industry and restaurants, and sales of luxury cars and boats, and are reported to have been created to launder money from the two clans