EU adds Sri Lanka to money laundering blacklist
The European Parliament has confirmed that Sri Lanka, Tunisia and Trinidad and Tobago were on the European Commission’s blacklist of countries at risk for acts of money-laundering.
In a statement, the European Parliament on Wednesday said despite intense efforts by some Members of the European Parliament (MEPs), they have failed to achieve the 376-vote absolute majority needed to reject the inclusion of Tunisia, Sri Lanka, and Trinidad and Tobago in the European Commission’s list of non-EU countries considered to have strategic deficiencies in their anti-money laundering and terrorism financing regimes.
“The vote on Wednesday reflected the split in Parliament over the issue, with 357 votes in support of the motion to 283 votes against and 26 abstentions,” it said.
As part of its obligations under the EU’s Anti-Money Laundering Directive, the European Commission is periodically obliged to draw up a list of “high-risk third countries”.
European Parliament has veto power over the blacklist, which is one of the tools in the European Union’s armoury to protect its financial system against money laundering and terrorist financing.
In mid-December, in line with its custom of following the lead of the international Financial Action Task Force (FATF), the Commission has decided to include Sri Lanka, Tunisia and Trinidad and Tobago to its blacklist.
In a statement to Parliament on Monday, the Commissioner for Justice, Consumers and Gender Equality, Vera Jourová, declined some MEPs’ requests to de-list Tunisia as one of the blacklisted countries
(Source: Daily Mirror)
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Another feather in the Nation’s cap!
In addition to being in the top 4 of corrupt countries in the world, now, OUR NATION is classified TOP FOUR RISK for money laundering!
Great, isn’t it?
At the next UNHRC sessions, we will be classified as top in the world for war crimes!
70 years of majority Sinhala Buddhist rule! Well, we are indeed the ‘Wonder of Asia’!!
Thuleep,
Lovely comment, my friend.
What about borrowings? We have a debt of over LKR 21 billion !
Another world record for a nation of 21 million citizens.
We have so many world records that we are indeed, THE WONDER OF ASIA.
Attn: Mr Somasundaram & Ms. Almaida. Yes Sri Lanka achieved these index in Crime rates, Borrowing, Corruption during past three years. Greater majority of Tamil folks voted for Yaha Palanaya goverbment isn’t it? So, they are equally to be blamed.
MrThuleepan Somasundaram you Tamils are the top ruthless, cowards of the world. That is official. No other
terrorist attack children and run away when our brave solderers arrive. At last when confronted face to face your cowered leaders try to escape in a ambulance.
For your information I can guaranty you that it will be a Sinhalese Buddhist goverment for ever. So shut up and accept it. You have no choice.