KUALA LUMPUR: Malaysia's legal and regulatory framework in fighting the financing of terrorism has gained the world's confidence, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi. Dr Ahmad Zahid, who is also Home Minister, said terrorists needed substantial resources to operate their training facilities, acquire weapons and travel to perpetuate their activities. "The spate of terrorist attacks has continued to rise, and the correlation between such attacks and terrorism financing is significant," he said. As an FATF member country, Malaysia was recognised by the international community as a country that was seriously committed to fighting money laundering and terrorism financing, said Dr Ahmad Zahid. In drawing attention to the regional front, Dr Ahmad Zahid said Malaysia and the other Asean member states maintained strong cooperation to deal with security matters, including terrorism-related issues.

Source: The Star February 19, 2017 03:22 UTC