The Fiji Intelligence Unit has so far this year recorded over two thousand suspicious transaction accounts as they look at putting a stop to money laundering in the country.

Unit Head Razim Buksh made this revelation at the Anti Money Laundering conference yesterday.

According to Buksh, they analyze bank accounts and bank statements amongst other things, as an estimated $100 million black money is being laundered annually into the country.

Buksh said that for the first eight months of this year, 2 thousand 139 reports of suspicious accounts were reported with a total of 826 thousand reports of suspicious and shady accounts transactions made to the Unit.

He added that while awareness is being carried out, the main challenge for them is dealing with their investigators outside the Central Division as formal requests have to be made in writing to them and they are yet to translate more such suspicious accounts into investigations and prosecution.


Story by: Paradise Tabucala