- Christy Kinahan’s cocaine cartel expanded from a Dublin heroin operation to a European-wide empire.
- Operation Shovel in 2010 targeted Kinahan’s operations, leading to over 700 police raids across multiple countries.
- Despite significant evidence and international cooperation, legal challenges led to the collapse of many charges against Kinahan and his associates.
- Kinahan’s move to the Costa del Sol marks a strategic shift, leveraging the area’s appeal to both retirees and criminals for networking and operations.
- The cartel engaged in diverse money laundering schemes, including trading commodities and attempting to purchase businesses for laundering drug money.
- Post-Operation Shovel, Kinahan’s organization appeared undeterred, continuing to expand and even venturing into legitimate business ventures like boxing promotion.
- The narrative reveals the adaptability and resilience of organized crime networks in the face of law enforcement efforts.
- The episode underscores a worrying trend of criminal entities embedding themselves within legitimate industries and the global economy.
The Financial Times is a British daily business newspaper printed in broadsheet and also published digitally that focuses on business and economic current affairs.
AllSides Media Bias Rating: Center
https://www.allsides.com/news-source/financial-times-media-bias
Official website: https://www.ft.com/
Original video here.
This summary has been generated by AI.
Leave a Reply