Candian financing for terrorism triples...
Could our government please just spend some time thinking about how to combat this?
Canada's suspected financing for terrorism almost tripled to C$180 million ($153 million) in the 12 months to March, the agency responsible for tracking money laundering said in its annual report released today.Identification is great....but stopping this outflow of money is more important.
The Financial Transactions and Reports Analysis Centre of Canada identified 32 cases of terrorism financing in fiscal 2005, down from 48 a year earlier.
"We've managed to identify bigger cases," said Peter Lamey, a spokesman for the agency known as Fintrac. "They involve more complicated networks, more people and more money."
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