Albania and Britain sign the first agreement in the region on the division of criminal assets

Albania and the United Kingdom have signed the first agreement of its kind in the Western Balkans on the sharing of assets recovered from organized crime, strengthening cooperation between the two countries in the fight against criminal finance.
The agreement relates to a criminal case concluded in England and Wales, which concerned the supply of cannabis to organised crime groups. Following cooperation between British and Albanian authorities, the proceeds of the criminal activity were identified and recovered in Albania.
Under the agreement, 54 thousand pounds of recovered real estate will be divided equally between the British government and the Seized and Confiscated Assets Management Agency (SAMA).
The agreement was finalized and officially signed in the United Kingdom on August 6, 2026, following a ceremony held in Tirana on July 13, attended by the British Ambassador to Albania, Nicholas Abbott, and the Director of AAPSK, Risena Xhaja.
This new mechanism aims to ensure that assets gained from criminal activities do not remain in the hands of criminal groups, but can be reinvested for social purposes in both countries.
Cooperation between Albania and the United Kingdom has expanded in recent years, including in the fight against money laundering and the use of cryptocurrencies by criminal networks.
According to publicly available data, in the first half of 2025 alone, the value of seized and confiscated assets in Albania exceeded 58 million euros, with more than 1,000 cases of seizure and confiscation of real estate.
Authorities in both countries consider the agreement another step in cracking down on the financial model of organized crime and ensuring that crime does not go unrewarded.

More control in schools - Monitoring for technology, performance and professional development of teachers
Investments in technology, school performance and teacher professional development will be the focus of monitoring during the new school year 2026-2027. The......
July increases fuel consumption - Over 75 thousand tons cleared, coffee and cigarette imports drop
The peak of the tourist season has also brought an increase in fuel imports and consumption, due to increased movements during the holiday period, the......
How much does winery tourism cost in Albania? Rural experiences are enriching the tourist offer and attracting visitors
Tourism in Albania is increasingly taking on different forms, expanding beyond beaches, historic cities and popular destinations. One of the experiences......
Consumption increases by 106 million euros - 7-month/Budget, record VAT collections
This year has been accompanied by increased consumption of products and services by Albanian citizens and foreign tourists, who seem to have "let......
The decline in the foreign exchange market continues - How much are the main foreign currencies being exchanged today?
The US dollar, although it seems relatively stabilized this morning, continues to remain at a negative rate against the local currency, being bought today at......
Foreign visitors boost Greek tourism - Domestic demand was declining in June
Tourist activity in accommodation establishments in Greece increased in June 2026, with foreign visitors acting as the main driver of both arrivals and......
Energy costs rise for British households - Bills rise by 4% since October. Highest price in three years
Gas and electricity prices in Britain will rise by 4% from October, after rising by 13% at the start of July, affected by the rise in global energy market......
Gas prices in Europe are rising sharply - Who will be the first to pay more?
Gas and electricity bills could rise in Europe this winter if wholesale prices remain high enough to reach consumers. The European benchmark price for......


