Saudi Arabia regrets EU inclusion in dirty-money blacklist

Published On: February 14, 2019 08:00 AM NPT By: Reuters


Saudi Arabia regrets EU inclusion in dirty-money blacklist
Photo Courtesy: Reuters

CAIRO, Feb 14: Saudi Arabia said it regrets the European Commission’s decision to include the country in a blacklist of nations seen as posing a threat to the bloc because of lax controls against terrorism financing and money laundering, a statement published by Saudi Press Agency said early on Thursday.

“Saudi Arabia’s commitment to combating money laundering and the financing of terrorism is a strategic priority and we will continue to develop and improve our regulatory and legislative frameworks to achieve this goal”, the statement quoted Saudi Finance Minister Mohammed al-Jadaan as saying.

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