Kuala Lumpur, Oct 5, IRNA – Head of the State Inspectorate Organization Mostafa Pour-Mohammadi said on Friday that unilateral and illegal sanctions are the root cause of corruptions in money laundering and banking operations.
He made the remarks in a meeting with his Malaysian counterpart Abu-Qasim Mohammad on the sidelines of the 6th Annual Conference and General Meeting of the International Association of Anti-Corruption Authorities (IAACA) in Kuala Lumpur.
Iran's Ambassador to Malaysia Mohammadreza Dolatabadi was also present in the meeting.
Unilateral sanctions prepare ground for money laundering and illegal banking operations to the benefit of wrongdoers who ransack nations' assets, Pour-Mohammdi said.
He referred to illegal activities of Gold Quest company in Iran and said the company has cheated in its business with Iranian nationals and Malaysia can help identify and arrest these culprits.
Referring to rampant activities of international drug trafficking gangs, he called for cooperation between the two countries in dealing with the issue.
In the 6th Annual Conference and General Meeting of the International Association of Anti-Corruption Authorities (IAACA), the participants review and discuss expansion of international cooperation on drug fight, money laundering and other corruptions.
Mohammad, for his part, said grounds for expansion of mutual cooperation mainly for training and education is well prepared between the two sides.
Referring to Iran's success in drug fight, he expressed the hope to witness expansion of cooperation in the field.
Malaysian Premier Najib Tun Razak delivered a keynote speech on Thursday night in the 6th Annual Conference and General Meeting of the International Association of Anti-Corruption Authorities (IAACA).
Campaign against corruption and economic growth are inseparable, he said.
Over 1000 of activists engaged in anti-corruption campaign from 130 countries attended the international conference.
