Article

2006-11-28 Africa North

Algeria: Police seize billions of dinars

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Posted by Fred 2006-11-28 00:00|| || Front Page|| [4 views since 2007-05-07] Top

#1 ".. and discovers the nets members were involved in money bleaching. The stolen money has been used used for investment or meant to by the Salafist group." I think the Bangla press is on vacation in writing in Algeria, or I should learn to bleach my saw bucks into centimes.

Posted by Phineter Thraviger 2006-11-28 01:21|| 2006-11-28 01:21|| Front Page Top

#2 An Algerian Dinar is about 71 to the dollar and 100 centimes to the DZD. That makes the haul worth about 560k dollars.

My understanding of the money bleaching is to bleach (remove) the ink of low denominations and reprint the bill with larger values.

Posted by BrerRabbit 2006-11-28 11:41|| 2006-11-28 11:41|| Front Page Top

#3 Somehow I figgured you'd know that BrerRabbit.

Posted by Deacon Blues 2006-11-28 12:31|| 2006-11-28 12:31|| Front Page Top

#4 Thanks for the insight BR. Money laundering raised to an art form.

Posted by Phineter Thraviger 2006-11-28 12:36|| 2006-11-28 12:36|| Front Page Top

#5 Unless they were talking about money laundering.

Posted by Fred 2006-11-28 12:49|| 2006-11-28 12:49|| Front Page Top

#6 Unless they were talking about money laundering. thatr waz my first interpretation/translation...

#1) My understanding of the money bleaching is to bleach (remove) the ink of low denominations and reprint the bill with larger values
Movable and immovable properties have been seized in several places, in Boumerdés (east of Algiers).

#2) money laundering [hiding the trail/source]

#3) Fastidious Salifists (obsessive-compulsive clean freaks)

** Other notable translation guffaw...

"It was robbed by GSPCs zone II squads under the supervision of the zone chief Abdelhamid Saadaoui alias Yahia Aboulhaitham.
Investigators into terrorists loots estimated the seized properties at four billion dollars"

Posted by substitute teacher 2006-11-28 13:18|| 2006-11-28 13:18|| Front Page Top

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