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Clampdown urged on money laundering 


An appeal has been made to all the public authorities in the Canary Islands to clampdown on money laundering.

Experts say the illegal methods used are changing all the time and becoming more sophisticated.

Speaking at the fourth conference into money laundering held in Gran Canaria, deputy Minister of Justice of the Canary Government, Pedro Herrera Puentes said it was so hard to chase and fight, let alone detect.

Sr. Puentes said tax evasion and money laundering caused terrible damage and it must not be allowed to continue.

He called for co-ordinated activities and real commitment to address the problem. He also questioned whether a tax amnesty adopted by the central executive was sufficient to stop fraud and whether punishments were sufficient to act as a deterrent.