Showing posts with label Thailand. Show all posts
Showing posts with label Thailand. Show all posts
on Thursday, June 14, 2012
Two married Hollywood movie executives have been jailed for six months in Los Angeles for bribing Thai officials so they could run the Bangkok International Film Festival.

Gerald Green, 78, and Patricia Green 55, were sentenced to prison despite a supportive letter to the court from the veteran film star Kirk Douglas.

Mr Douglas said the couple “were extremely honest and fair in all of their dealings with me.”

The Greens were convicted of conspiracy and money laundering after a jury found they had paid a former Thai tourism official $1.8 million (£1.1 million) to secure the film festival rights, and other tourism-related deals, between 2002 and 2007.

The deals were said to have earned them more than $13 million (£8 million.)

Prosecutors said they created shell companies to pay off Juthamas Siriwan, former governor of the Tourism Authority of Thailand.

They then transferred money into bank accounts of Juthamas’ daughter and a friend so they would be awarded business contracts.

Juthamas has denied any wrongdoing and has not been charged in Thailand. She and her daughter have been charged with conspiracy in Los Angeles.

The Greens helped transform the Bangkok Film Festival, attracting stars including Jeremy Irons and director Oliver Stone to Thailand for the event.

Gerald Green’s career in Hollywood spans more than 30 years. He worked with Stone on the Oscar-nominated “Salvador” and was executive producer on the 2006 film “Rescue Dawn” which starred Christian Bale.

Patricia Green produced the 1999 comedy “Diamonds” starring Kirk Douglas and Lauren Bacall.

The Greens were also ordered to serve six months of home detention after their jail sentence and pay $250,000 (£150,000.)

Source: Telegraph
on Tuesday, June 5, 2012
Ghana has been named as one of the countries whose citizens are stealing the identities of Australians.

News out in the Australian media say the theft which is in a large scale involves spies, drug dealers, illegal immigrants and people engaged in money laundering.

The report say passport details of five people emailed to a travel agent for travel for people from Ghana has been found.

One report by the Herald Sun citing documents from the country’s Department of Foreign Affairs and trade says the illegal practice of forging passports of living Australians is widespread.

According to the report, a fake or doctored Australian passport has been found, on average, once a week in the past three years.

Fake passports were detected at ports in countries including Britain, Dubai, Ghana, Thailand, Hong Kong, Indonesia, Malaysia, Egypt, Turkey, and Peru, the report indicated.

According to the report, some of the passports were in the hands of spies, smugglers and thieves.

Australian passports were used in 525 frauds in the last financial year, and many people were caught lying to get a passport, it said.

Source: Citifmonline
on Monday, June 4, 2012
Arafat Rahman Koko, the younger son of former Bangladesh prime minister Khaleda Zia, went on trial today in a graft case for allegedly laundering Tk 23 crore.

The trial of Koko, who is in Bangkok for medical treatment since July 2008, and Ismail Hossain Saimon, son of former shipping minister Akbar Hossain, began today for alleged money laundering Taka 23 crore, the Star online reported.

Koko and Saimon were indicted for money laundering on November 30 last year.

Justice Mohammad Mozammel Hossain of Special Judge''s Court-3 recorded the statement of complainant Abu Sayeed, deputy director of Anti-Corruption Commission (ACC), the report said.

Hossain had framed the charges against the duo in their absence and said the trial would continue in their absence.

The anti-graft body has accused them of siphoning off money from China Harbour Engineering Company Ltd and Siemens for helping them win government contracts.

China Harbour got a Taka 351 crore contract to set up New Mooring Container Terminal and Siemens a Taka 239 crore contract to supply and install equipment for Teletalk, the state-owned mobile phone operator.

Koko, who was arrested in September 2007, on graft charges and paroled for treatment abroad in July the following year, is now in Bangkok.

Saimon has been on the run since the Anti-corruption Commission filed the money-laundering case against him and Koko on March 17, 2009.

A Bangladeshi court yesterday rejected a petition of Tarique Rahman, Koko''s elder brother, seeking relief in a money-laundering case.

Bangladesh''s Anti-corruption Commission (ACC) on Octobe 26, 2009, filed the case with a Dhaka court against Tarique and his business partner Giasuddin Al Mamun on charges of siphoning of Taka 204.1 million to Singapore between 2003 and 2007.

Bangladesh''s Appellate Division upheld the High Court verdict rejecting a petition challenging the money-laundering case against Tarique, the bdnews24 online reported.

Tarique, the senior vice-chairman of BNP, has 14 cases filed against him on various charges. He has been undergoing treatment in the UK. PTI

Source: MSN News
on Wednesday, May 30, 2012
India and six other members of a grouping of South Asia and South East Asia today agreed to firm up by November a convention to deal collectively with terrorism which is haunting these two regions.

Under the proposed convention, the member-countries of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) would cooperate in intelligence sharing, legal and law enforcement issues, combating financing of terrorism and prevention of illicit trafficking of narcotic drugs, psychotropic substances and precursor chemicals.

"We expressed the hope that the draft BIMSTEC Convention be finalised as soon as possible for signing during the next BIMSTEC Summit," said the grouping which comprises India, Bangladesh, Sri Lanka, Myanmar, Nepal, Bhutan and Thailand in a joint statement issued after Foreign Ministerial meeting here.

The next Summit is expected to be held here in November this year.

In the field of trade and investment, the grouping resolved to conclude the negotiations on trade in goods under the proposed FTA at an early date, preferably before the next BIMSTEC Summit.

The Ministerial meeting also approved memoranda of association for setting centres for energy, weather and climate in India, tourism working group and BIMSTEC joint working group. PTI

Source: The Press Trust of India
on Monday, May 21, 2012
29 Sep 2007, 0058 hrs IST,Pradeep Thakur,TNN

NEW DELHI: The Financial Intelligence Unit (FIU) has forwarded a list of suspicious transactions, including hundreds of cases of suspected terror financing and doubtful foreign remittances, to Intelligence Bureau and other investigating agencies.

In its first annual report released recently, the FIU identified several accounts having a common beneficiary with huge and unexplained money transfers made to them.

Tasked to keep an eye on money laundering and combating terror financing, the FIU report said many of these foreign remittances were doubtful with scant information on the source of funds and actual beneficiaries. Some such account holders were even found to be on the Interpol's watch list and were known criminals.

These suspicious transactions included "cash deposits in bank accounts at multiple locations, off-market transactions in demat accounts, fraudulent use of ATM and credit cards and unexplained activity in accounts inconsistent with what would be expected from declared business."

Banks reported the highest number (437) of suspicious transactions in the last one year while financial institutions and intermediaries accounted for 380 such reports up to March 2007.

The ease with which terrorists and their fronts have laundered money in India through formal channels of transaction raises serious doubts on the efficacy of the strict due diligence regimen imposed by the government on banks and financial institutions a few years ago.

With reports of terror outfits gaining access to stock and commodity markets and evolving ways to evade checks put in place to scan their transactions, it seems money launderers and terrorists have perfected some device to go under the radar of the due diligence mechanism.

In light of the IPO scam, the government had begun harsh punitive action and barred some multinational banks from expanding in India and opening new branches. The punitive measures included sacking dozens of employees of at least two banks. But it seems these measures had only a momentary effect.

The FIU report said India received at least 14 enquiries from abroad related to terror financing and other suspicious transactions. In two cases, some countries, including the US, Canada, Russia and Germany, assisted India in disseminating information.

FIU officials were also sent to the US, Australia, Canada and Thailand to train with the anti-money laundering mechanism put in place by these countries. In the last one year, FIU officials also attended nine joint-working groups on counter-terrorism with the US, Germany, China, Russia, Italy, Canada, Singapore and Israel.

http://timesofindia.indiatimes.com/India_warned_of_dubious_transactions/articleshow/2412984.cms
Exiled Thai Prime Minister Thaksin Shinawatra has been found guilty of corruption and sentenced to two years in prison by the Thai Supreme Court.

In a landmark ruling, he was found to have violated conflict of interest rules in helping his wife buy land from a state agency at a knock-down price.

The couple fled to the UK in August, saying they would not get a fair trial.

The decision comes amid growing tension between the former leader's supporters and his opponents.

The ruling is the first in a string of stalled and slow-moving cases against Thaksin, former owner and now honorary chairman of Manchester City Football Club, launched in the wake of the 2006 military coup.

The coup leaders claimed there had been massive corruption and abuse of power under Thaksin's rule, and set up a special unit to investigate the business dealings of the former leader and his close associates.

His wife has already been convicted of tax evasion and sentenced to three years in jail but was acquitted by the Supreme Court in the current case.

Political tensions

The nine-member court ruled by five to four that Thaksin had violated the constitution in involving himself in the land deal.

CASES AGAINST THAKSIN FAMILY

Case one:
Corruption charges related to purchase of state land by his wife. Who: Thaksin and his wife. Status: Thaksin guilty, wife acquitted

Case two: Abuse of power linked to government lottery scheme. Who: Thaksin and several former Cabinet ministers. Status: Case accepted by Supreme Court

Case three: Abuse of power related to state loan to Burma alleged to have benefited family business. Who: Thaksin. Status: Case accepted by Supreme Court

Case four: Concealing assets. Who: Thaksin, wife and two others. Status: Awaiting court decision on proceeding to trial

Case five: Tax evasion. Who: Members of Thaksin's family. Status: Pojaman Shinawatra and her brother jailed for three years, her secretary for two years
Several other claims also lodged

"Thaksin had violated the article of the constitution on conflict of interest, as he was then prime minister and head of government who was supposed to work for the benefit of the public," one judge said as he read the verdict.

Thaksin said the charges were politically motivated and that he had expected the Supreme Court to sentence him, Reuters news agency reported. He told Reuters he was not seeking asylum in the UK.

The chief prosecutor in the case said he wanted Britain to "quickly extradite" Thaksin.

The verdict takes Thaksin another step away from returning to Thai politics, says the BBC's Lucy Williamson in Bangkok.

It is welcome news for the protesters who have been camped outside Government House for weeks, demanding the resignation of the government, saying it is too close to Thaksin, our correspondent adds.

The administration of Prime Minister Somchai Wongsawat - who is Thaksin's brother-in-law - has been virtually paralysed by the protests.

Source: GBC
on Friday, May 18, 2012
A hawala racket being run through courier agencies was busted with the arrest of a dozen people and the seizure of Rs.3 million from them, a police official said Sunday. “The Crime Branch Saturday evening conducted raids at two places in the state capital and unearthed a network of hawala transactions,” Bhopal Superintendent of Police Jaideep Prasad told IANS Sunday.

Eight people were rounded up in the first raid in Old Bhopal area where the police recovered Rs.2.7 million.

“The kingpin, Vijay Ramchandani, who owns Bhole Bhandari courier service, had links in all major cities of the country. He has confessed he used to send out Rs.50-60 lakh (Rs.5-6 million) of money a week,” Prasad said.

After his arrest, another raid was carried out in MP Nagar in New Bhopal area, where a separate hawala racket was being run by Kamlesh Gyanchandani. Two of his accomplices were arrested and about Rs.300,000 was recovered from them.

“Registers containing details about their links and the names (in code) of the businessmen who sent money to other cities have been recovered. We have seized 13 mobile phones and a currency counting machine,” he said.

Ramchandani reportedly told the police that he had been running the hawala racket for almost a year.

http://www.thaindian.com/newsportal/uncategorized/money-laundering-racket-busted-in-madhya-pradesh_10049979.html
on Saturday, April 28, 2012
The annual US report on worldwide drug trafficking says Thailand no longer produces illicit drugs in important quantities, but remains a major source of chemical smuggling and money laundering by cross-border drug gangs.

The report by the US State Department, produced every year for more than two decades, is yet another indication that Thailand has become a victim of drug traffickers over the past 20 years.

"There is no significant drug cultivation or production in Thailand," the report states flatly. Rather, lack of enforcement and trafficking by gangs in Burma "have a devastating impact on Burma’s neighbours, especially Thailand."

The always straight-talking International Narcotics Control Strategy Report, however, does not exonerate Thailand or most other countries. For example, it charges that Thailand and 14 other nations - including the United States - are major sources for chemical percursors used in making illicit drugs.

In addition it names Thailand and 59 other countries as major centres for money laundering, abetted by official financial institutions. Again, the US is included in the list.

Without mentioning it, the US report effectively contradicted a recent United Nations survey, which expressed alarm that acreage under opium cultivation had increased in northern Thailand. "There is no significant cultivation or production of opium, heroin, methamphetamine or other drugs in Thailand today," it repeated at several points.

"The uncertainties of the political situation in Thailand have not adversely efforts to combat drugs," it said.

But while local and out-bound Thai drug trafficking has all but halted, "various regional and international drug trafficking networks use Thailand as a transit point and sell drugs produced in Burma and elsewhere."

In addition, international crime syndicates based in Thailand and abroad both find the country attractive, partly because of its open borders and welcome to visitors nad tourists.

"Thailand is vulnerable to money laundering from its own underground economy as well as many categories of cross-border crime, including illicit narcotics and other contraband smuggling," the report said.

Since the mid-1990s, when US authorities figured that Thailand accounted for about one per cent of world opium output, the State Department reports have charted a steady downhill trend in drug production while documenting an equally steady rise in drugs smuggled into the country.

The report, unsurprisingly, was harsh on the western neighbour.

"Burma remains the largest source for methamphetamine tablets in Asia," it said. The State Department charged that the anti-drug laws are not consistently enforced, and it claimed that the Burmese regime has helped the United Wa State Army (UWSA, or Red Wa) become the pre-eminent drug gang in Southeast Asia.

"It is probable that higher level officials of the military regime protect some traffickers," the report stated without clarification, although it noted that Lt Gen Ye Myint, a former member of the ruling junta, resigned as head of the Bureau of Special Operations Number 1 shortly after his son was arrested on drug trafficking charges last year.

In addition to methamphetamines, Thailand has become increasingly targetted by smugglers of cocaine from South America and night club drugs. Cocaine, Ecstasy and similar illicit drugs are bought "by well-off abusers and foreigners, and most often found in private residences and entertainment places in Bangkok," the US report stated.

Among the other neighbours, the US said it was highly concerned at the growing production of amphetamines in Indonesia and the "immense" use of drugs in the Philippines, but praised Laos for reducing its opium crop steadily until it is now at the lowest level since 1975.

Source: Bangkok Post
on Tuesday, February 20, 2007
Thailand’s Anti-Money Laundering Office (Amlo) and the Bank of Thailand have agreed joint efforts to trace illegal money flows in the wake of Sunday’s insurgent offensive in four southern border provinces which killed at least seven and injured more than 50 people.

Commercial banks are required, with immediate effect, to report any withdrawals worth over Bt2 million to Amlo to help the authorities trace and block suspected terrorist funds, said senior officials.

Tarisa Watanagase, central bank governor and Amlo secretary-general Yutthabul Dissamarn signed a memorandum of understanding Tuesday to enhance interagency coordination to combat money laundering and terrorist financing.

Law enforcement agencies have long feared that proceeds of crime may have provided the fuel for militant activities in the Muslim-majority south.

Ms Tarisa said the more stringent reporting would serve as a precaution. Any suspicious transactions would be investigated and interrupted, she added. The requirement also put a burden on banks to check the customer identity and the source of funds.

Pol Col Yutthabul said his office found nothing suspicious about financial movements in and out of the restive region since the latest wave of bombings, arsons and shootings on Sunday night, but it has stepped up monitoring and intelligence gathering of all terrorist-related financial and fundraising activities.

He added that a similar reporting requirement was imposed in late 2003, before the militants raided an army camp in Narathiwat on Jan 4, 2004 – an incident which was believed to mark the start of the current onslaught of violent attacks in the deep south.

Commercial banks were then ordered to report any suspicious movements of funds to his office after officials were put on alert by unusually large sums – in the form of donations to charities and religious schools - being transferred from abroad into several bank accounts in southern border provinces before the Jan 4 coordinated attacks were launched.

http://etna.mcot.net/query.php?nid=28050
on Thursday, January 25, 2007
The Bank of Thailand (BOT) has asked financial institutions to take a close look at customers who are politically involved overseas in order to prevent money laundering and the financing of terrorist activities, Thai media reported Thursday.

The institutions have been told to monitor accounts and transactions by "special" customers and keep records of related documents for at least five years in case of a legal probe, according to a report on the news website of the English newspaper The Nation.

The vigilance is aimed at customers involved in foreign politics, private banking, correspondent banking and those with unclear sources of money, the BOT demanded.

Targets subject to special scrutiny also include those close to any person allegedly involved in money laundering, and those in high-risk careers such as jewelry, precious metals, foreign exchange and illegal lending.

The institutions have reminded to pay special attention to complicated, abnormally large or illegal transactions.

High-ranking executives should be assigned to approve new account applications by these "special" customers.

Source: Xinhua
on Saturday, January 13, 2007
By Douglas Bakshian
Cebu, Philippines
12 January 2007

Southeast Asian foreign ministers have taken a step forward in the war on terrorism, preparing a draft convention that allows security agencies to cooperate more on tracking, finding and prosecuting terrorists. The draft was approved Friday, and leaders of the 10-member Association of Southeast Asian Nations are expected to give their final approval Saturday. Douglas Bakshian reports from the ASEAN summit in the Philippine city of Cebu.

The convention is designed to clamp down on the unregulated movement of arms and militants in the region. The draft says ASEAN's individual national security agencies would have to coordinate their efforts to track, arrest, detain and rehabilitate suspected militants. They would also be required to beef up border controls and suppress terrorist financing.

The convention would make it a legal obligation for the 10 ASEAN countries to work together in these areas.

Rohan Gunaratna, a terrorism specialist at the Singapore Institute of Defense and Strategic Studies, says this is a step in the right direction in the war on terror.

"It will have a significant impact because today the specialist counter-terrorism capabilities of individual governments are quite good, but there is limited cooperation, coordination and collaboration between the governments," he said. "If there is greater understanding and agreement … then certainly the national security agencies … will cooperate much better to fight terrorism and extremism more effectively."

Gunaratna says terrorist and extremist groups in the region are cooperating and collaborating with each other, so the authorities must work together in a similar manner to counter the threat. He says terrorists are constantly moving among the Philippines, Indonesia and Malaysia, nations with many large and small islands that make the borders difficult to police.

Summit spokesman Victoriano says the convention would bring ASEAN into line with internationally accepted definitions of terrorism.

"The ASEAN countries will adopt the definitions of what constitute terror-related crimes spelled out in various U.N. conventions, which could be against aircraft, airports, seacraft, maritime structures and the like," he said.

Terrorism is a persistent problem in the region. Just days ago, the southern Philippines was rocked by several bombings that killed at least six people and wounded dozens. Authorities suspect the bombings were the work of a local militant who is working with the regional Islamic terrorist group, Jemaah Islamiyah.

Jemaah Islamiyah is accused of being behind bombings on the Indonesian island of Bali in 2002 and 2005 that together killed 225 people. The group is also accused of several other fatal bombings over the past several years in Jakarta, and in the Philippines.

There has also been terrorist activity in recent years in Malaysia, Singapore and Thailand.

http://www.voanews.com/english/2007-01-12-voa70.cfm
By Bill Tarrant

CEBU, Philippines (Reuters) - Leaders of the Association of Southeast Asian Nations adopted on Friday bold proposals that could turn a group often derided as a talk shop to a rules-based bloc with bite.

The 10 leaders, whose members range from an absolute monarchy and military juntas to parliamentary democracies and one-party communist states, have agreed to start drafting a charter that would give ASEAN a legal basis for the first time since it was founded at the height of the Vietnam war nearly 40 years ago.

At a news conference to announce the decision, an ASEAN "Eminent Persons Group" said they studied the European Union as a reference, but that ASEAN would not become another Brussels.

"Since visiting the EU, I've become more conservative with ASEAN, because we learned that the EU is not that good an organisation that can be transferred to ASEAN," said former Malaysian deputy premier Musa Hitam.

The group will still take decisions by consensus for sensitive issues, but will conduct voting over non-controversial issues, according to a summary of the proposals.

The most ground-breaking proposal gives ASEAN the power to suspend, or in extreme cases, expel members for serious breaches of the charter.

Panel chairman and former Philippines president Fidel Ramos said an ASEAN charter will allow the group to compete as a bloc in the "new order" of the 21st century.

"We must reposition ourselves to be more competitive in a globalised economy and the new order of the 21st century."

CARING AND SHARING

The ASEAN leaders arrived in the central Philippines city of Cebu for a summit -- rescheduled from last month amid typhoon and terrorist warnings -- that aims to create a "caring and sharing" community in the region.

Men in traditional island gear stood atop a new convention centre in Cebu blowing conch horns. Women in flowing green gowns danced and twirled red umbrellas on the ground as presidents, prime ministers, a king and former generals pulled up in limousines.

Searchlights raked the night, filled with the sounds of beating drums and shrieking whistles in a cacophonous Filipino welcome.

A sudden downpour did little to dampen spirits for the biggest event in Cebu since Ferdinand Magellan ended his circumnavigation of the globe here in 1521, slain by a chieftain unhappy that his land was being claimed in the name of Spain.

The Philippines was on high alert after three bombings on Wednesday night, hundreds of miles to the south of the venue, killed eight people and wounded dozens.

Officials suspected Islamic militants and said the blasts were designed to embarrass the Philippines ahead of the ASEAN meetings and a broader East Asia summit next week. More than 13,000 police and troops have been deployed in and around Cebu.

The series of ASEAN meetings began with foreign ministers rebuking Myanmar on Thursday for dragging its feet on democratic reforms it has promised ASEAN it would take.

The new charter proposals could theoretically put Myanmar's membership in jeopardy if the junta continued to be recalcitrant.

The grouping, with a population the size of Europe's, plans to bring forward the establishment of an economic community from 2020 to 2015, according to a draft declaration.

ASEAN leaders will also discuss poverty alleviation in countries that have some of the globe's smallest per capita incomes, and disaster prevention in a region that has seen a devastating tsunami, earthquakes, volcanic eruptions, floods, forest fires and pandemics over the last couple of years.

Southeast Asian leaders will also sign a counter-terrorism agreement that will clamp down on the movement of arms and fighters between its remote islands through information exchange, border controls and a crackdown on terrorist financing.

ASEAN groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

(Additional reporting by Carmel Crimmins, Manny Mogato, Chris Buckley, and Rosemarie Francisco)

© Reuters 2007. All Rights Reserved.

http://in.today.reuters.com/news/newsArticle.aspx?type=worldNews&storyID=2007-01-12T193955Z_01_NOOTR_RTRJONC_0_India-283347-1.xml
on Sunday, January 7, 2007
By Inday Espina-Varona, Executive Editor

First of 3 parts

Philippine terrorist groups will increasingly use crime to fund operations as a government crackdown on dirty money chokes off normal cash flow routes, according to senior military intelligence sources.

But creativity on the terror front is also progressively matched with ingenuity as government sleuths find ways to go around the absence of an antiterror law and the limitations of antimoney laundering legislation.

An official of the Intelligence Service of the Armed Forces of the Philippines (Isafp) told The Manila Times that units scouring financial systems for possible fund movements by terrorists and their allies found more than 7,000 “suspicious transactions” in 2006.

The figure was more than triple the 2,000 suspicious transactions reported in 2005, the officer said.

Only a fraction of these cases have been subject to seizure applications. But the Isafp officer said the information allowed military and police intelligence groups to track the flow of logistics into the frontlines of insurgent groups, leading to some “preemptive strikes.”

This strategy will continue in 2007 until 2010, the timetable set by President Arroyo to eliminate the national communist underground movement and secessionist groups in Mindanao.

Funding sources

AFP officers from different service units spoke with The Manila Times in a series of interviews on the growth of Islamic extremist groups and developments on the communist insurgency. They requested anonymity because there was no clearance for the interviews.

The Isafp officer said the fund movements under review are worth “several hundreds of millions of pesos.”

“I cannot give you the exact value but we are talking here of drug money and illegal arms shipment,” the officer added.

The Times also learned that US intelligence units coordinate closely with Philippine counterparts, concentrating on linkages between crime and terrorism.

Among the cases quietly discussed was a counterfeit cigarette-manufacturing outfit suspected of being a conduit for funds to and from North Korea, officials said.

The sources would not reveal who the Philippine beneficiaries are but said a brother of a Hong Kong crime lord managed operations here until the middle of last year.

Intelligence sharing eventually led to the confiscation of some equipment in Taiwan and further probes into the North Korean financial network.

Last month, a wire reports said a Macau bank accused by Washington of aiding the laundering of illicit North Korean cash had handled tens and possibly hundreds of millions of dollars for Pyongyang last year.

Myanmar, which is ruled by a military junta, is also eyed by Philippine authorities as a major transshipments point of drugs and arms as is Thailand, which faces a serious insurgency in its southern provinces.

Legal limits

Smuggling and the manufacture of counterfeit products are the choice operations of terrorists these days, an Air Force official with intelligence tasks, said.

“Remember narco-politics? Terrorists are now using the same template,” the official said.

“Terrorists no longer use legitimate organizations as fronts because we are able to track them,” the source added.

“What they do now is use middlemen who will do the transactions on their behalf,” he explained. “These middlemen do not know about the terrorist activities.”

As the military and police forces learn to work closely with government judicial bodies, they have stepped up financial attacks on suspected terrorist networks.

In December 2006, Philippine cops scored a major victory when the Court of Appeals froze bank accounts of the Saudi-based International Islamic Relief Organization (IIRO).

Leaders of the organization, which is well known for its charities in impoverished and strife-torn Muslim provinces, have denied charges—dating back to the 1980s—that it provides fund to terror groups.

What was curious about the petition filed with the CA, was that it was based on a US press release alleging the IIRO’s Philippine branch served as a liaison for groups allied with Osama bin Laden’s al-Qaeda network, including the Jemaah Islamiah and the homegrown Abu Sayyaf.

The use of a press release to represent the voluminous data in the Philippine National Police intelligence archives brought laughter among veteran terrorist hunters. But it also underscored a major problem faced by Philippine authorities. The absence of an antiterror law, they say, means sleuths often have to skirt around legal limits.

Those constraints have not stopped authorities from unearthing information on terrorist groups. But the data, while crucial to the prevention of terror attacks, is often unusable in the prosecution of terror suspects.
To be continued

http://www.manilatimes.net/national/2007/jan/07/yehey/top_stories/20070107top2.html
on Wednesday, December 13, 2006
BANGKOK, Dec 13 (TNA) - Thailand on Wednesday moved to tighten money laundering controls to counter suspected terrorists, gave the green light to financial institutions to monitor cash deposits by certain groups of people--especially politicians--with overseas bank accounts.

Deputy Prime Minister Pridiyathorn Devakula, who also serves as Minister of Finance, said after presiding over an Anti-Money Laundering Office (AMLO) meeting that the participants discussed whether AMLO had power to freeze money suspected of being transferred by terrorists.

He said financial institutions, including gold traders, are willing to cooperate in a probe on money transactions and their origins once the law is enforced.

Kitti Limchaikit, secretary general of the Office of the Narcotics Control Board (ONCB), said the meeting also discussed the definition of terrorism because the Thai terrorism law now runs in parallel to money laundering law.

Money used for terrorism could be 'clean' as it arrives after being donated by private organisations and foundations, while money laundering is not, Mr. Kitti explained.

Financial institutions will also be required to closely monitor the financial circumstances of certain groups of people--politicians, high ranking government officials, antiques and gold traders, for example, Mr. Kitti said.

Gold traders have agreed to cooperate in the scheme if dealings are worth more than Bt100 million annually,in line with standards set by the United Nations, he said.

Concerned government agencies will specify later which professions needed to be monitored closely regarding how their money is obtained when deposited in financial institutions.

http://etna.mcot.net/query.php?nid=26554

on Monday, December 11, 2006
The state-run Myanmar Economic Bank (MEB) has rejected to offer bank services to deposits suspected as money laundering, the local Voice journal reported Monday, quoting the bank sources.

Previously, some MEB made no investigation on sources of money with which depositors opened their accounts, the report said.

In June 2002, Myanmar promulgated a law to control money laundering and financial institutions such as banks were set to report to the Central Control Board (CCB) their clients' fiscal activities and report any cashes exceeding 100 million kyats (100, 000 US dollars) and any other suspicious account activities.

In 2005, the Myanmar authorities closed three local private banks -- the Myanmar Mayflower Bank, the Asia Wealth Bank and the Universal Bank for allegedly linking with money laundering and the banks' operation has been taken over by the State Economic Bank.

Meanwhile, The CCB of Myanmar and the Anti-Money Laundering Office of Thailand reached a MoU on such cooperation in July 2005, which covers exchanging information on financial intelligence relating to money laundering.

Another MoU with Indonesia on the same purpose is also being expected to be initiated soon, local reports said, adding that once the document is formally signed, Indonesia will become another member country of the Association of Southeast Asian Nations (ASEAN) with which Myanmar cooperates in combating money laundering after Thailand.

As one of the international assistance in suppressing money laundering, Australia is funding Myanmar a 15-month project of developing guidelines for financial investigators of the country since October 2005, which has been under implementation by the Australian Transaction Reports and Analysis Center, according to the Financial Intelligence Unit of the Myanmar Home Ministry.

The project covers a series of workshops to train Myanmar officials in terms of technique for investigating money laundering, courses on online banking, electronic reporting, data analyzing systems and combating financial terrorism.

As part of its increased international cooperation in the aspects, Myanmar joined in signing the UN Convention Against Transnational Organized Crime in April 2004.

Private banks were nationalized in Myanmar in 1963 during the previous government but after the country started to adopt the market-oriented economic system in late 1988, private banks were allowed to operate again since 1992 and since then there had been 20 such banks across Myanmar with a total of 350 branches.

With the take-over of the three banks by the government and the merger of three other cooperative banks to become a public-listed bank in recent years, there remained 15 of such banks in operation as of the end of 2005.

Source: Xinhua

http://english.people.com.cn/200612/11/eng20061211_331113.html