November 29 2016
Official data from Argentina’s Attorney General’s Office indicates that more than a third of money laundering cases since 2013 were linked to drug trafficking, a figure which highlights an important aspect of the country’s growing role in the drug trade.
According to the Economic Crime and Money Laundering Bureau (Procuraduría de Criminalidad Económica y Lavado de Activos – PROCELAC) of the Attorney General’s Office, 34 percent of the money laundering cases it opened since its creation in December 2012 were linked to drug trafficking.