6 CRIMINAL CASES WERE INSTIGATED IN 2008, BASED ON EXAMINATION OF 37 DOUBTFUL TRANSACTIONS
PanARMENIAN.Net
26.03.2009 18:58 GMT+04:00
/PanARMENIAN.Net/ 6 criminal cases were instigated in 2008, based on
examination of 37 doubtful transactions by CBA Financial Monitoring
Center.
According to "2008 Annual report of CBA activities in preventing
financing of terrorism and illegal money-laundering in banks and
credit organizations", 93 396 transactions were subject to obligatory
reporting, 37 of which were considered doubtful.
In 2008, 37 doubtful transactions effected by financial organizations
were reported, 36 reports were filed by commercial banks of Armenia,
and one of them from a person engaged in sale and purchase of currency.
Suspension of financial assets totaling USD 80 000 was effected based
on 6 doubtful transactions FMC was founded on Dec. 14, 2004 under the
Law "On preventing financing of terrorism and illegal money-laundering
in banks and credit organizations."