QUITO -- Ecuadorian and Colombia police dismantled a presumed drug-trafficking and money-laundering network in a joint operation, Ecuadorian Attorney General Washington Pesantez said Wednesday.
Eleven Colombians and Ecuadorians whose illegal business revolved around drug trafficking and laundering money by acquiring personal property and buildings - roughly 15 of which were seized - were arrested, Pesantez told a press conference.
"This operation, which was carried out in two countries, Ecuador and Colombia," began in October 2006, Pesantez said after highlighting the joint operation of several specialized police units from both countries.
"We managed to seize 16 buildings in four (Ecuadorian) provinces," the prosecutor said, adding that those properties have an estimated value of between $50-60 million. EFE