AGP Executive Report
Last update: 3 hours agoAnti-Mafia Finance: Italian prosecutors and the Guardia di Finanza seized more than €200m tied to late Sicilian boss Matteo Messina Denaro, tracing drug profits reinvested across Europe and beyond, with raids involving assets in Andorra, Gibraltar, Switzerland, Luxembourg, Monaco, Lebanon and the Cayman Islands plus Spain and Italy. Offshore Vehicles in Focus: Separate reporting names Gibraltar-registered firms from the 1980s—TUCAN ESTATES Limited and STRANGEWAYS Limited—as alleged corporate vehicles used to open encrypted accounts in Andorra and other jurisdictions to move and invest funds. Local Commerce Push: In Andorra’s region, Altea la Vella backed neighbourhood businesses through Local Commerce Day, using promotions and events to draw residents back to independent shops amid pressure from online and large retail. Diplomatic Visit: Serbian Parliament Speaker Ana Brnabic visited Andorra and met the parliamentary leadership to discuss strengthening bilateral cooperation. Sports Business & Education: The NBA signed a multi-year deal with TECH Global University as its official online university, aiming to build business-focused programs for the league and industry. Real Madrid Finance: Entrepreneur Enrique Riquelme’s bid for Real Madrid presidency hinges on a €187m bank guarantee, with reports pointing to support from Andorra’s Andbank and Scotiabank after Spanish banks reportedly declined.
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