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唐朱昌
教授，博士生导师。复旦大学中国反洗钱研究中心首任主任，复旦大学俄...

严立新
复旦大学国际金融学院教授，中国反洗钱研究中心执行主任，陆家嘴金...

陈浩然
复旦大学法学院教授、博士生导师；复旦大学国际刑法研究中心主任。...

何　萍
华东政法大学刑法学教授，复旦大学中国反洗钱研究中心特聘研究员，荷...

李小杰
安永金融服务风险管理、咨询总监，曾任蚂蚁金服反洗钱总监，复旦大学...

周锦贤
周锦贤先生，香港人，广州暨南大学法律学士，复旦大学中国反洗钱研究中...

童文俊
高级经济师，复旦大学金融学博士，复旦大学经济学博士后。现供职于中...

汤　俊
武汉中南财经政法大学信息安全学院教授。长期专注于反洗钱/反恐...

李　刚
生辰：1977.7.26 籍贯：辽宁抚顺民族：汉党派：九三学社职称：教授研究...

祝亚雄
祝亚雄，1974年生，浙江衢州人。浙江师范大学经济与管理学院副教授，博...

顾卿华
复旦大学中国反洗钱研究中心特聘研究员；现任安永管理咨询服务合伙...

张平
工作履历：曾在国家审计署从事审计工作，是国家第一批政府审计师；曾在...

上传时间： 2015-02-13 浏览次数：928次

India, U.S. tighten cooperation against illicit money flows

Fri, Feb 13, 2015

http://finance.yahoo.com/news/india-u-tighten-cooperation-against-111812129.html;_ylt=AwrTWVVyBt5UZXoAstnQtDMD

NEW DELHI, Feb 12 (Reuters) - India and the United States vowed on Thursday to step up joint efforts to halt illicit money flows after revelations that Iranian oil export revenues had been siphoned out of an Indian bank in a suspected money-laundering scheme.

Indian Finance Minister Arun Jaitley said the case centering on state-controlled UCO Bank had not come up as part of his talks with U.S. Treasury Secretary Jack Lew, but added that Indian authorities had strengthened their financial oversight.

"This issue has been brought to our notice and the concerned authorities, including the central bank, have taken appropriate action," Jaitley told a joint news conference in New Delhi.

Investigators suspect that a group of people from Iran and Azerbaijan, after entering India on student visas, set up a group of shell companies in a provincial city to obtain as much as $3.2 billion from UCO Bank.

The advances were secured against export invoices that were never followed by actual deliveries, according to sources familiar with a probe by the Enforcement Directorate, an agency that fights financial crime.

The funds were wired to destinations like Dubai or Hong Kong, sources say. Investigators have traced 9.25 billion rupees ($150 million) in dubious flows, but suspect the total could be as high as 200 billion rupees.

The Reserve Bank of India (RBI) ordered banks on Monday to tighten checks on advances paid against trade invoices, in a step that a source familiar with the ruling said was linked to the UCO case.

Lew, who met RBI officials in Mumbai on Wednesday, said India and the United States were deepening their cooperation to thwart what he called "threat finance".

"It's because we share common threats (that) we share a common commitment to working together to try as best we can to shut down the flow of funding to those who would commit terrorist acts," he told reporters.

UCO Bank has denied any wrongdoing in the case and has said it is helping Indian investigators with their inquiries.

(Reporting by Douglas Busvine; Editing by Nidhi Verma, Robert Birsel)