Wednesday, March 16, 2005

Gibraltar ‘not doing enough’ says Spains Attorney General

Spain’s Attorney General yesterday expressed concern at what he claimed was Gibraltar’s failure to co-operate in the battle against money laundering.

He said that political action should be taken to eliminate tax havens.

He was commenting on Spanish radio yesterday in the wake of the Marbella arrests.

Home Secretary Charles Clarke, who is in Spain attending a meeting with Interior Ministers of France, Germany, Italy and Spain, praised the crackdown. He also responded to Spain’s claim that Gibraltar is not doing enough to fight money laundering. Spanish Attorney General Candido Conde Pumpido called the arrests “the tip of the iceberg’’ of international organised crime that has made major inroads in Spain.

“Obviously, it is important that all jurisdictions work together to contest money laundering in every respect," Mr Clarke said.


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