(KUNA) -- Jordanian Interior Minister Eid Al-Fayez urged on Monday boosting regional and international efforts to battle money laundering as a source for funding terrorism. At the opening of a forum regarding money laundering and terrorism's financial sources, Al-Fayez said money laundering jeopardized the world economy, social norms and security, noting that money laundering was part of organized crime that aimed legitimizing money that was obtained through illegal means.People involved in money laundering are not interested in building an economy or maintaining its growth, they simply want to achieve personal benefits at the expense of others, he said. He said there have been many technological breakthroughs that have made discovering money laundering operations quite difficult, that means productive counter measures, as well as proper legislations and accords, have to be developed.
The first of its kind four-day forum will include discussing global cooperation in battling money laundering, probing this form of crime and how to train money laundering investigators.