The Turkish financial crimes unit slammed a global money laundering watchdog report against the country’s money laundering efforts.
“Turkey’s struggles weren’t revealed in the report. [Turkey] was subjected to unfair assessment,” Turkey’s Financial Crimes Investigation Board (MASAK) officials told Anadolu Agency on Thursday on a recent report by the Financial Action Task Force (FATF) .
On Monday, the FATF said Turkey should “swiftly” address “serious shortcomings” in combating money laundering and terrorist financing, with the country potentially being added to the watchdog’s “grey list”, if it failed to do so.
Underlining that Turkey had supported the FATF since 1991,