OSCE Supports Georgia’s Fight against Money-Laundering

International crime-fighting experts will work with Georgian officials to develop tougher measures to combat money-laundering at a two-day OSCE workshop in Tbilisi starting on November 25, OSCE Mission to Georgia reports.

“The illegal flow of money is a direct and serious threat to national and international security terrorism,” said Ambassador Roy Reeve, Head of the OSCE Mission to Georgia. “All over the world, it is linked with organized crime and used to fund terrorism. The effects of money-laundering are bad for a country’s business, development, government and the rule of law.”

The National Workshop on Combating Money Laundering and Suppressing the Financing of Terrorism is organized by the OSCE Mission and the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA) in co-operation with the United Nations Office on Drugs and Crime (UNODC) and the Georgian Government.

Representatives of the OSCE, UNODC, the World Bank and Interpol will share experiences with representatives of 14 Georgian governmental and financial agencies.