PPATK, police sign agreement

PPATK, police sign agreement

JAKARTA: In an effort to curb money laundering, the Financial
Transaction and Report Analysis Center (PPATK) signed on
Wednesday a memorandum of understanding on money laundering
prevention and eradication with the National Police.

The chairman of the PPATK, Yunus Husein, said the agreement
would provide a guideline on how the two institutions would
cooperate in exchanging information, analyzing and investigating
suspicious financial transactions and organizing joint training.

"We hope to build a closer cooperation with the police to
eradicate money laundering in the country. We also hope that we
can resolve more cases of money laundering, which will restore
Indonesia's image abroad," said Yunus. -- JP