More co-ordination and flexibility is needed between Government Agencies and the private sector needs in order to tackle the issue of money laundering in the country.
That is the sentiment of Attorney General and Minister for Justice, Aiyaz Sayed-Khaiyum at the 2nd National Anti-Money Laundering Conference.
Sayed-Khaiyum said with the advancement in information technology, the trick is now how fast those behind the money laundering ring can move their dirty money.
He added that with the Government strengthening laws and implementing the new Crimes Decree, the Fiji Courts can now able to tackle the problem however now the issue lies with the implementation.
He said that at times the different agencies tend to become a bit territorial and want to do everything themselves, stressing this is not the way to work.
Meanwhile, the Director of the Financial Intelligence Unit, Razim Buksh said that with an estimated $100m black money being laundered annually in the country and efforts to combat money laundering has to be improved.
The Workshop ends today.
Story by: Paradise Tabucala.
More co-ordination and flexibility needed-AG
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