Tunisia will freeze assets of individuals and entities with terrorism ties.

Moveable assets, real estate, securities and financial instruments would be subject to the measure, the finance ministry announced on February 25th. The move is part of efforts to stop money laundering.

The decision to enforce the policy now will help authorities tighten control over groups that operate under the pretext of charity but receive funds from suspicious entities.

“However, it isn’t enough to uproot this phenomenon because many terrorist financing networks depend on other methods through money laundering and smuggling networks and manual transfers away from the organized operations through banks,” Tunisian¬†international relations expert Mohamed Benzekri noted.




Tagged with:

Comments are closed.

Looking for something?

Use the form below to search the site:

Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!