Suspect in Unauthorised Foreign Currency Trading Case Granted Release on Financial Guarantee

The competent authorities have ordered the release of a suspect accused of trading in foreign currency outside the banking system, subject to a financial guarantee.

The allegation centres on the purchase of foreign currency through channels outside the formal banking market.

The suspect is accused of conducting an illicit foreign exchange activity. The release decision concerns the suspect’s custody status, rather than a ruling on the allegation.

The amount of the financial guarantee was not disclosed in the available information, which also did not identify the suspect or specify the sums involved in the alleged trading.