Central Bank Of Armenia To Help Karabakhi Colleagues Combat Money La

CENTRAL BANK OF ARMENIA TO HELP KARABAKHI COLLEAGUES COMBAT MONEY LAUNDRING

ARKA
May 14, 2008

YEREVAN, May 14. /ARKA/. A delegation of the Center for
Financial Monitoring of the Central Bank of Armenia will travel to
Nagorno-Karabakh Republic on Wednesday for a three-day visit, the
CBA press office reports.

According to the report, a session will be held in Stepanakert on
Thursday for discussing the ways for creation a financial monitoring
center in Karabas to contribute to the authorities’ crackdown on
money laundering and financial terrorism", the report says.

As a result of the technical support that has provided to Karabakhi
authorities by the Central Bank of Armenia, the law on the struggle
against money laundering was adopted on December 26, 2007.

The law took force on April 9, 2008.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS