WASHINGTON D.C, United States, April 25, 2008 – Antigua and Barbuda has put money launderers, terrorists and terrorism financiers on warning that they will be exposed.
This, after the twin-island nation signed a treaty with Ukraine for the countries to provide mutual legal assistance in their fight against these type of activities.
The signing of the treaty was the culmination of negotiations which commenced in 2002.
The twin-island nation’s Ambassador to the United States of America Deborah-Mae Lovell said the cooperation “should serve as a reminder and a warning to all those persons who would misappropriate state funds for personal use, that Antigua and Barbuda is not a place where such persons are welcome”.
“Persons who commit such acts will be exposed and the money confiscated,” she said.
Ukraine’s Minister of Justice, Mykola Onishchuk, expressed that government’s satisfaction that negotiations had been successfully completed.
“The signing of this treaty is a demonstration of the shared will of Antigua and Barbuda and Ukraine to cooperate in the investigation, prosecution and prevention of crimes in both countries,” the Minister said.
The Mutual Legal Assistance Treaty in Criminal Matters will enter into force when negotiations on an Assets Sharing Agreement are concluded.