09. October 2009. | 08:22  Source: EMportal

http://www.emportal.rs/en/news/region/100709.html

A 27-month-long EU-funded project in support of Albania’s fight against money laundering, came to a successful end on 29 September.

As a result, Albania’s Financial Intelligence Unit is working with other public authorities and private companies including banks and notaries to identify suspicious financial transactions.

By identifying such transactions, authorities will be able to better prosecute individuals and organisations involved in criminal activities and to seize their assets.

On the occasion, the Head of the EC Delegation to Tirana, Mr Helmuth Lohan said "I am pleased to see that this project has contributed to modernising and enhancing the capacities of Albanian institutions to prevent money laundering."