The Costa Rica News (TCRN) – Annually Costa Rica financial institutions report about 250 cases of suspected money laundering operations in the country, of which, according to the Attorney General of the Republic, Jorge Chavarria, very few, if any come to be regarded as a crime after the research is done by the Judicial Investigation Organization (OIJ).
“There is inefficiency in the system where money laundering is concerned,” said Chavarria.
The prosecutor did not deny that Costa Rica is still a tax haven like Panama and Colombia, however, he does expect this to change in the future.
The country is currently under full assessment of by the Financial Action Task Force of South America (Gasifud) which represents a very important time to generate the necessary synergies for the private sector to join in the prevention and control of these crimes.
The Minister of Public Security, Celso Gamboa, said that this administration is taking action to curb organized crime as well, since laundering is often a source of financing for organized crime. (Crhoy)
The Costa Rica News (TCRN)
San Jose, Costa Rica