The U.S. Department of State has released its report on the fight against narcotics and money laundering. Regarding Albania, the report calls for more investigations, highlighting that most money laundering cases are linked to drug trafficking and corruption.

According to the report, money laundering in Albania is primarily connected to drug trafficking, tax evasion, and corruption. This conclusion underscores the need for deeper judicial investigations into these crimes.

“Albania must enforce existing laws and expand the capacity of police and prosecutors to focus on corruption, money laundering, and financial crimes. The country must fully implement the judicial reform launched in 2016-2017.” — U.S. Department of State

The report commends the work of the Special Anti-Corruption Structure (SPAK), citing investigations into former Prime Minister Sali Berisha and former Minister of Environment Lefter Koka.

“In October 2023, SPAK announced an investigation into former Prime Minister Sali Berisha, who was sanctioned by the U.S. for corruption, after his son-in-law benefited nearly $5 million. In the same month, courts convicted former Environment Minister Koka for money laundering, corruption, and abuse of office, after a company paid him $1.47 million.”

Regarding business activity and inspection regulations, the U.S. State Department states that Albania needs to regulate legislation for microcredit institutions and digital currencies.