Spain freezes Gerry Hutch assets in money-laundering probe

Spanish authorities have frozen property assets of Gerry Hutch as part of a money-laundering investigation.

Spain freezes Gerry Hutch assets in money-laundering probe

Image: irishtimes.com

Spanish authorities have frozen Gerry Hutch's property assets in the country as part of an ongoing money-laundering investigation into the gangland figure, who plans to run in a byelection in Dublin next month.

The revelation comes as Hutch refused to answer questions from the Criminal Assets Bureau (CAB) in Ireland, according to reports. The CAB is investigating his assets in Ireland, while Spanish authorities are conducting a parallel probe.

Hutch, 61, is a prominent figure in organized crime in Ireland and has been linked to the Hutch gang. He was acquitted of murder in 2023 but remains under scrutiny by law enforcement.

The property freeze in Spain is part of a broader effort to combat money laundering by criminal organizations operating across borders. Hutch has denied any wrongdoing.

❓ Frequently Asked Questions

What assets were frozen in Spain?

Spanish authorities froze property assets belonging to Gerry Hutch as part of a money-laundering investigation.

Why is Gerry Hutch in the news?

He is a gangland figure planning to run in a Dublin byelection, and his assets are being investigated by both Irish and Spanish authorities.

Has Gerry Hutch been convicted of any crime?

He was acquitted of murder in 2023 but remains under investigation for money laundering and other offenses.

πŸ“° Source:
irishtimes.com β†’
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