Anti-money laundering issues discussed

The Central Committee for Anti Money Laundering held its Meeting No  1/2017 yesterday at the hall of the Ministry of Home Affairs in Nay Pyi Taw, with an opening address by the Committee Chairman Union Minister for Home Affairs Lt-Gen Kyaw Swe.
The Secretary of the Committee, Chief of Myanmar Police Force Police Maj-Gen Zaw Win, discussed the works progress for the decision made in the previous meeting last year.
A member of the Committee, the Director General of the Bureau of Special Investigation, made an explanation for the investigative works under the Anti-Money Laundering Law.
Police Colonel Kyaw Win Thein, the joint secretary of the Committee explained the implementation of Myanmar’s anti-money laundering drive and terrorism financing as part of the work procedure of Asia/Pacific Group (APG) on Money Laundering, which includes mutual evaluation in the member countries, the amendment of the anti-money laundering law, the forming of a working committee for mutual evaluation in the member countries in 2017, giving assignments to supervision, reporting fixed assets and making orders for disclosures.
The meeting was attended by 15 committee members and six special invitees. Probes were taken into 93 cases related with money laundry, 56 cases were completed and 15 cases are under investigation in the one-year period of the incumbent government which took office in March, 2016.—Myanmar News Agency

Share this post
Hot News
Hot News