AUSTRALIA/UNITED STATES
Adelaide Now
AUSTRALIA has been included in a list of the world’s major money laundering countries.
The list of 66 countries includes Afghanistan, Brazil, the Cayman Islands, China, Japan, Russia, Uruguay, the UK, US and Zimbabwe.
And for the first time, Vatican City has been named as a potential hub for money laundering. US officials said the Vatican was on the list because it wasn’t clear if new anti-money laundering efforts were effective.
It is “potentially vulnerable” as massive amounts of money flow into the Vatican from around the world.
Note: This is an Abuse Tracker excerpt. Click the title to view the full text of the original article. If the original article is no longer available, see our News Archive.