Minister of Interior patronizes symposium on money laundering, terrorist financing

September 8, 2012

Minister of Interior Prince Ahmed bin Abdulaziz patronized in Riyadh this evening the opening of a symposium on “The Role and Responsibility of Public Prosecution and Judiciary Bodies in Anti-Money Laundering and Financing of Terrorism.” The symposium was organized by the Bureau of Investigation and Public Prosecution (BIP) in collaboration with the Middle East & North Africa Financial Action Task Force (MENAFATF). Its participants include delegations from many countries, as well as a number of representatives of international financial institutions.

In an address, Prince Ahmed said that the Kingdom’s hosting of the meeting comes within the framework of its ongoing efforts in the fight against crime, especially terrorist offenses. Saudi Arabia’s determination emanates from its tolerant Islamic faith, he noted, which bans corruption and attacks against people’s lives, religion, money, honor and dignity. Prince Ahmed affirmed that the Kingdom has taken steps to strongly confront both the intellectual and financial sources of terrorism. “The Kingdom has become a global distinguished model in this regard and a source of expertise for the benefit of the international community in the fight against international terrorism and the reform of those who have been affected by deviant thought and groups,” he stated. Finally, Prince Ahmed stressed that the task of confronting terrorism and money-laundering is a common global responsibility that must be tackled by a broad range of cooperating institutions.