Osman Union released, accused of laundering money from drug trade

The alleged organiser of an international cocaine-money-clearing network spent the Wednesday night on his villa at Camp de Mar. He had remained in custody for nearly three months.

On Tuesday, the court in Palma de Mallorca issued a new order replacing detention with conditional freedom. Osman is not allowed to leave Mallorca, as well as to ensure his stay on the island has been confiscated by passports. He must appear in court at 1st and 15th of every month.

The Osmani brothers from Kosovo are known as billion celebrities. For years they have lived in Germany, but they have expanded businesses in Spain, Belgium, and the Netherlands.

It is reported as businessmen who are involved in construction, property trading, and lucky games. In March, however, the Osman brothers were mentioned as an important clan, bringing cocaine from Latin America to spread it to Europe.

The Osman Union was arrested in Croatia in an action across Europe on 15 February organised by Europol. In Mallorca, his villa, his famous Ritzi restaurant in Puerto Portals, and one of his hotels in Palma de Mallorca were searched. Several members of his private and business circles were arrested, including his wife and father - in - law. He was extradited to Mallorca and was in custody from March 2nd.

The Ottoman Union has insisted on its innocence, while it is accused of clearing money from the cocaine trade. According to initial investigations, revenues have reportedly been invested in Mallorca through companies from countries such as Croatia. In the real estate sector alone, the volume of money laundering is said to have amounted to about 35m euros. The gang invested money in art. Only in Osman's villa have 86 oil paintings of renowned artists been provided.

In the 1990s, Osman now 55-year-old and his three brothers had made rich fortunes from real estates and night life through Hamburg. He in Spain had lived a very invisible life in recent years.