In a joint statement, Germany, France, Italy, Spain, the Netherlands and Latvia said the 28-country EU needed a "central supervisor" to tackle the flow of dirty money within the bloc's financial system.
The UAE has presented its plan to combat money laundering for the upcoming month of February, during a joint review meeting held by the International Financial Action Task Force (FATF).
Imran tweeted: "Today in Senate the opposition defeated 2 critical FATF-related bills: Anti Money Laundering & ICT Waqf bills. From day one I have maintained that the self-serving interests of the opposition leaders & the country's interests are divergent. As accountability noose has tightened."
Victims were conned by the fake scheme and were exhorted to invest in a shell company, which the accused claimed specialised in trading digital currencies and has shares in the global markets.
FBI extends his appreciations to Dubai Police for their cooperation in extraditing the wanted criminals, who committed money-laundering and multiple cybercrimes, to the United States.
The court sentenced the suspects to ten years in jail each, to be followed by deportation, besides a Dhs10m fine. The court also fined two companies, one for advertising and the second for electronics trading, Dhs50 million each.
The 23 main convicts have been sentenced to 10 years in jail with a fine of Dhs10 million each, while 11 convicts have been sentenced to 7 years in jail with a fine of Dhs10 million, and one convict has been sentenced to 5 years in jail with a fine of Dhs10 million.
Counselor Ismail Madani, Senior Advocate General and Head of Public Funds Prosecution on Saturday affirmed that the Public Prosecution is continuing its unremitting efforts to implement the national strategy to combat money laundering and terrorism financing crimes
Pakistan once again failed in its bid to get out of the Financial Action Task Force’s (FATF) grey list after the watchdog said on Friday that Islamabad will continue to remain in its “increased monitoring list.”