2003 News Story

Saudi Arabia launches counter-terrorism training program

(Riyadh, Saudi Arabia) - The Saudi Arabian Monetary Agency (SAMA) has begun to implement a major technical program to train judges and investigators in how to deal with the many complicated issues surrounding terrorist financing and illegal money laundering.

The program is part of a concentrated effort by the Kingdom of Saudi Arabia to crack down on the illegal use of private funds to assist terrorist organizations.

As part of this ongoing effort, SAMA's new program seeks to educate  judges and investigators in all of the legal aspects of the issue of terror financing, including money-laundering methods and methods that suspects commonly use to exchange information, in order to make prosecution of those involved in such criminal activities more effective.