Swiss Authorities Report ‘Suspicious Activities’ in Egypt

The Money Laundry Reporting Office in Switzerland (MROS), part of the Swiss Federal Police, has said it had received 55 Suspicious Activity Reports (SARs) involving Egypt last year, Ahram has reported. Last year saw a total of 1,625 SARs worldwide worth a total of some SF3bn (around $3.12bn). Bribery was at the top of the list of offences, with 37 cases involving Egypt. The MROS said it did not receive a single SAR from Egypt in 2010, attributing the recent increase in SARs to the ongoing wave of Arab popular uprisings.