POLICE in France arrested employees at Lyca mobile for money laundering and fraud after raids at the international telecoms firm’s offices in Paris.
Reports said 19 people were arrested after last week’s raids and nine people were charged last Friday (17), including Lyca mobile’s general manager in France, Alain Joch mek.
Raids on Lyca mobile’s Paris headquarters were said to have uncovered bundles of cash while the company’s French bank account has been frozen.
France’s Parquet National Financier, the government’s financial investigation agency, said last Friday: “19 people suspected of being involved in a money laundering system implicating Lyca mobile and Lyca mobile Services were arrested.
“The arrests were part of a Paris judicial investigation into money laundering and VAT fraud. Several places in Paris and its outskirts were raided and police seized about €130,000 in cash and €850,000 from bank accounts.
“Nine people were brought in front of a judge on Friday and charged with money laundering among other things, and eight were released on bail while one man was remanded in custody. The charges relate to money laundering of at least €17 million and VAT fraud of several million euros.”
Lycamobile has denied any wrongdoing in the case.