SPAK Seizes Company Bank Accounts in Alleged Coastal Land Fraud Investigation

The Special Prosecution Against Corruption and Organized Crime (SPAK) has seized the bank accounts of the company Albania Land Development as part of an ongoing investigation into an alleged land appropriation scheme in the coastal area of Zvërnec.

One of the company’s administrators, Redi Struga, was subjected to a search by agents of the National Bureau of Investigation (BKH), authorities said, as prosecutors intensified investigative actions linked to the case.

According to investigators, the probe focuses on a suspected mechanism through which state-owned land may have been transferred into private ownership. Case documents reportedly suggest that Struga acted as an intermediary in contacts with investors from Qatar. Prosecutors have suspended the transfer of funds intended for the purchase of several plots of land whose ownership status remains unresolved and is still subject to ongoing legal proceedings.

At the center of the investigation is Artur Shehu, who currently resides in the United States. Investigative sources allege that Shehu played a leading role in the purported scheme involving the disputed land transfers.

Authorities have not yet announced any formal charges, and the investigation remains ongoing. Further details are expected as prosecutors continue to examine financial records and property transactions connected to the case.