Task Force Eligo generates more than $580 million in cash, drugs and assets
Australian Crime Commission, Australian Federal Police, Australian Transaction Reports and Analysis Centre
The Australian Crime Commission has today unveiled a year-long covert money laundering investigation codenamed Eligo following a record $5.7 million cash seizure in Sydney at the weekend (Saturday, 18 January 2014).
The Eligo National Task Force, established in 2012 as an Australian Crime Commission-led special investigation into the use of alternative remittance and informal value transfer systems by serious and organised crime, has seized more than $580 million worth of drugs and assets, including $26 million in cash.
