Sun, Sep 24, 2006 - Page 3 News List

Taiwan Quick Take: Bureau tackling crime

STAFF WRITER, WITH CNA

The Ministry of Justice's Investigation Bureau said Taiwan signed a memo with the Philippines on Friday vowing to work closely to fight money laundering and terrorism. The bureau said both parties would intensively exchange intelligence on both types of crime. The bureau added that although Taiwan and the Philippines are members of the Asia/Pacific Group on Money Laundering and the Egmont Group -- an international money laundering prevention organization -- and both nation's have mature mechanisms to fight money laundering, by means of close intelligence exchange and experience sharing, both parties would strengthen their capacities to fight transnational crimes.

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