Largest gold haul ever, caught in Melilla on the way to 'laundry'

The haul of gold

MELILLA The largest haul of gold ever caught on Spanish territory was grabbed recently in Melilla, the Spanish enclave on the North African coast. The 140 kilos precious metal, valued at almost €5.5million, was bought over some time at jewelers all over Europe and was on its way to Morocco for resale, and thus to be 'laundered'. According to Melilla police sources, the haul was found in the boot of a vehicle belonging to a Melilla resident, parked inside a garage in the town and occupied by its owner and another person. The same source says that the find was the result of long-time investigations of an organisation specialising in laundering money that comes from drug, mainly hashish, smuggling from Morocco and distributed all over Spain and the rest of the European Union.