RAWANG, Nov 11 (Bernama) — The government is always monitoring the channelling of funds from Malaysians to foreign nations, including turbulent countries like Syria.
Home Minister Datuk Seri Dr Ahmad Zahid Hamidi said the monitoring was being done through the Anti-Money Laundering Act 2001 (AMLA 2001).
He said the government agencies involved in the monitoring included the Royal Malaysian Police, Malaysian Communications and Multimedia Commission, Bank Negara and other enforcement agencies.
Ahmad Zahid had earlier officially opened Balqis Textiles and Manufacturing Sdn Bhd’s operations building, here, Tuesday.
He was asked by reporters on funds gathered via social websites such as Facebook for the purpose of charity but being channelled to turbulent countries like Syria.
Ahmad Zahid said the government also knew of several bank accounts not opened in troubled countries like Syria but in the neighbouring and other countries.
“Therefore, through AMLA, we have been able to undertake preventive measures including monitoring the social media and the cyber information channel to know where the funds go to,” he said.
On a another development, he suggested that the supply of uniforms, especialy the fabric used, to come from local textile producers.
“This will help reduce foreign excange outflow, while the textile and garment manufacturers must be willing to invest more as although it is a competitive industry, the market is wide,” he said.