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Terror Financing Symposium Kicks Off, Big Turnout In Riyadh
RIYADH, Sept 9 (KUNA) -- Prince Ahmed bin Abdulaziz, Minister of Interior and Supervisor of Bureau of Investigation and Public Prosecution (BIP), sponsored on Saturday evening the inaugural ceremony of the "Role and Responsibility of Public Prosecution and Judiciary Bodies in Anti-Money Laundering and Financing of Terrorism" symposium, amid a great Arab and international turnout and participation.
In his opening speech, Prince Ahmed said the challenge facing the international community in this respect requires a higher level of coordination and cooperation, as terrorism stands as threat to the security of all states and people, with no exception. He noted that efforts in this regard are in harmony with the teachings of Islam, which calls for fighting all forms and levels of corruption and harm to people's lives, livelihoods, and dignity.
The official said his country has made strides in this regard, and was maintaining highest level of commitment to international recommendations to counter financing of terror and money laundering. This battle, however, is one which also involves the public and the civil society institutions who have to assist if the battle is to be won.
The battle is also an international shared responsibility where there is a dire need for sharing of information and expertise and thorough consideration of all measures and proposed solutions to stem this phenomenon.
When it comes to financing of terror and money laundering in the kingdom, the minister remarked this "problem" does not qualify as "phenomenon" in his country.
The minister's speech also touched on some of the current security concerns, and of the demonstrations in Al-Qateef he said, "the protests are instigated by external parties, and the protestors raise flags other than those of the Kingdom." However, the minister said it is still to be shown beyond doubt that a specific "state" was directly behind the riots. "The protestors are very few people with doubtful alliances." On the kingdom's precautions regarding security threats and concerns in other Arab states, the minister said, "citizens may rest assured we are doing our utmost to guarantee their safety, and their trust assists us in fulfilling our duty in this regard." He went further to say, "we do not foresee any external threat ... and maintaining our security ... is our shared responsibility." The three-day symposium is organized by the Saudi Bureau of Investigation and Public Prosecution (BIP) in cooperation with the Middle East and North Africa Financial Action Task Force (MENAFATF). Taking part are representatives of leading Arab and foreign countries and representatives of international monetary agencies and authorities.(end) ad.wsa KUNA 09/09/2012 10:11:14
Terror financing symposium kicks off, big turnout in Riyadh
RIYADH, Sept 9 (KUNA) -- Prince Ahmed bin Abdulaziz, Minister of Interior and Supervisor of Bureau of Investigation and Public Prosecution (BIP), sponsored on Saturday evening the inaugural ceremony of the "Role and Responsibility of Public Prosecution and Judiciary Bodies in Anti-Money Laundering and Financing of Terrorism" symposium, amid a great Arab and international turnout and participation.
In his opening speech, Prince Ahmed said the challenge facing the international community in this respect requires a higher level of coordination and cooperation, as terrorism stands as threat to the security of all states and people, with no exception. He noted that efforts in this regard are in harmony with the teachings of Islam, which calls for fighting all forms and levels of corruption and harm to people's lives, livelihoods, and dignity.
The official said his country has made strides in this regard, and was maintaining highest level of commitment to international recommendations to counter financing of terror and money laundering. This battle, however, is one which also involves the public and the civil society institutions who have to assist if the battle is to be won.
The battle is also an international shared responsibility where there is a dire need for sharing of information and expertise and thorough consideration of all measures and proposed solutions to stem this phenomenon.
When it comes to financing of terror and money laundering in the kingdom, the minister remarked this "problem" does not qualify as "phenomenon" in his country.
The minister's speech also touched on some of the current security concerns, and of the demonstrations in Al-Qateef he said, "the protests are instigated by external parties, and the protestors raise flags other than those of the Kingdom." However, the minister said it is still to be shown beyond doubt that a specific "state" was directly behind the riots. "The protestors are very few people with doubtful alliances." On the kingdom's precautions regarding security threats and concerns in other Arab states, the minister said, "citizens may rest assured we are doing our utmost to guarantee their safety, and their trust assists us in fulfilling our duty in this regard." He went further to say, "we do not foresee any external threat ... and maintaining our security ... is our shared responsibility." The three-day symposium is organized by the Saudi Bureau of Investigation and Public Prosecution (BIP) in cooperation with the Middle East and North Africa Financial Action Task Force (MENAFATF). Taking part are representatives of leading Arab and foreign countries and representatives of international monetary agencies and authorities.(end) ad.wsa KUNA 09/09/2012 10:11:14
Terror financing symposium kicks off, big turnout in Riyadh
