NACTA, LEAs sign MoU to boost coordination to probe cases on money laundering, terror-financing

09:42 AM | 10 Apr, 2019
NACTA, LEAs sign MoU to boost coordination to probe cases on money laundering, terror-financing
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ISLAMABAD - National Counter Terrorism Authority (NACTA) has signed a multilateral Memorandum of Understanding (MoU) with 14 Law Enforcement Agencies (LEAs) to enhance inter-agency cooperation, coordination and exchange of information, the Radio Pakistan reported.

The signing ceremony of the MoU was chaired by National Coordinator NACTA in Islamabad.

The government departments included National Accountability Bureau (NAB), Federal Investigation Agency (FIA), Federal Board of Revenue (FBR), Financial Management Unit (FMU), and Anti Narcotics Force (ANF). All intelligence agencies and provincial counter-terrorism departments also signed MoU.

The main objectives of the MoU are to facilitate timely and effective detection, analysis and probe of cases, and activities relating to money laundering, terrorist financing and predicate offences.

The MoU will further facilitate and enhance inter-agency coordination already in place in the form of the institutional operational mechanism through National Task Force on CFT and the newly established joint investigation teams (JITs) in terrorist financing cases.