CID, FIU to cooperate on anti-money laundering
TRIBUNE NEWS NETWORK
DOHA THE Criminal Investigation Department (CID) of the Ministry of Interior (MOI) recently signed a cooperation agreement with Qatar Financial Information Unit (FIU) for exchange of information in anti-money laundering field and to develop a procedural system to control those crimes in the country, said a MOI press release, on Tuesday.
According to the release, the agreement was signed by the CID Director Brigadier Musfir Ali al Ahbabi and the Head of the FIU Sheikh Ahmed bin Eid al Thani.
The agreement aims at enhancing cooperation between the anti-financial crimes section of the CID and the FIU for combined efforts in the field.
The Unit is the national body responsible for receiving, requesting, analysing and disseminating information concerning suspected proceeds of crime, potential money laundering or potential terrorism financing operations and for international cooperation between similar units in other countries through the Egmont Group, the release added.
The information gathered by the Unit required it going through a procedural system to link it with the reality of suspected cases and for this purpose, the information will be forwarded to the CID for further investigation and search in coordination with all stakeholders before being referred to the judicial authorities, the release concluded.