Major operation against the "aces" of the 'Dubai Bank' with 21 arrested and 20 million in drug trafficking assets seized

Spanish police have carried out a major operation resulting in 21 arrests and the seizure of 20 million euros in assets, dismantling a large-scale money laundering network known as the 'Banca de Dubai'. The dismantled network functioned as a major clandestine bank serving international drug kingpins and was described as one of the most significant organizations of its kind with the capacity to move massive amounts of illicit funds.

Authorities targeted the financial infrastructure supporting top-tier international cocaine trafficking organizations responsible for flooding Europe with drugs. The operation successfully disrupted the financial operations of these high-level criminal figures by dismantling what officials identified as the world's most important clandestine bank for laundering drug profits.