Algeria approves draft bill on countering terrorism funding

The Algerian government on Tuesday approved a draft amendment to a law related to fighting money laundering and terrorism funding, local media reported.

Citing a statement of a council of ministers chaired by President Abdelaziz Bouteflika on Tuesday, APS news agency reported that the draft bill reinforces the legal basis of the decisions taken by the central bank of Algeria and the National Financial Intelligence Processing Unit meant to fight money laundering and terrorism funding.

The source specified that the draft amendment proposes expanding the competence of courts in terms of offenses related to the financing of terrorism and money laundering, including when it comes to acts committed abroad against the interests of Algerians.

The document also consolidates the judge's power to freeze funds intended to finance terrorism, the source noted. Endit

《Algeria approves draft bill on countering terrorism funding》永久阅读地址: http://91kudian.com/yingyu/18216/