Press Release

Tirana Prosecution Office seized bank accounts totaling 10 million euros belonging to ten individuals and 3 microcredit financial entities. They are accused of the criminal offense of 'Laundering the Proceeds of the Criminal Offence or Criminal Activity' as stipulated in Article 287 of the Criminal Code.

The investigation and the administered acts revealed that citizens A.M., K.S., E.I., along with their associates, as well as the entities 'Microcredit Albania' ltd. and 'Final' ltd, held substantial sums in both local and foreign currencies deposited in second-tier banks, in addition to various financial obligations.

Tirana Prosecution Office suspects that the activities of these individuals and companies, which entail acquiring portfolios of bad loans from second-tier banks and providing other loans to various citizens while appropriating their assets in an indirect proportion to the value of the loans provided, are associated with criminal offenses.
Considering the imminent reality and recognizing the potential that these monetary assets, suspected of deriving from illicit activities, will be transferred or concealed, it becomes imperative to proceed with the seizure of bank accounts belonging to individuals: A.M., E.C., O.I., E.I., A.G., A.Gj., V.B., A.G., J.M., E.M., as well as the financial entities ADCA ltd., Final ltd., and "Micro Credit Albania" (JSC).
The aforementioned citizens have invested in securities with annual interest rates ranging from 4% to 10.5% upon maturity.