People who become rich in a short time will be investigated: FIU

People who become very wealthy in a short time will be investigated by the Financial Intelligence Unit (FIU) to find out if they are involved in secret businesses and what they are doing, a top official said during a seminar on fighting money laundering in Yangon on Saturday. Police Colonel Kyaw Win Thein, deputy chief […]

Police vow to investigate financial crimes

The police are clamping down on financial crime and money laundering but urged the revenue authorities to provide more information on instances of tax evasion. A high ranking police official has insisted that the police will follow up on information regarding financial crime and has so far investigated 46 cases of money laundering involving drug […]