Casinos in the Turkish-controlled northern half of Cyprus are reportedly being probed for allegedly laundering the astounding sum of $5b. Or perhaps not.

On Monday, Turkish Cypriot media outlet Havadis reported that the Turkish Board of Investigation on Financial Crimes (MASAK) was looking into allegations that some 13 gaming venues in the northern half of Cyprus had laundered some $5b for as-yet parties unknown.

The report claimed that MASAK had seized $100m after studying accounts linked to seven casino managers, which reportedly revealed transfers of vast amounts of foreign currency. Some 20 companies affiliated with the casinos are also reportedly under MASAK’s microscope.

The report went on to link the funny money transfers to seven Turkey-based banks, including Bank Asya, which was shut down in 2016 for its links to controversial cleric Fethullah Gülen, who the Turkish regime has declared an outlaw and is currently in exile in the United States.