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News (Media Awareness Project) - US: Wire: US Treasury's Gurule Emphasizes Money Laundering
Title:US: Wire: US Treasury's Gurule Emphasizes Money Laundering
Published On:2001-08-24
Source:Reuters (Wire)
Fetched On:2008-01-25 09:53:27
US TREASURY'S GURULE EMPHASIZES MONEY LAUNDERING FIGHT

WASHINGTON The U.S. Treasury Department's newly installed Under Secretary
for Enforcement said on Friday the government should go after financial
assets in the fight against money launderers and other criminals.

"Prosecuting money launderers and other criminals is not enough. We must
strip criminals of their ill-gotten gains and dismantle criminal
organizations by attacking their financial base through aggressive,
appropriate use of forfeiture," said Treasury's Jimmy Gurule, in prepared
remarks to be delivered to the Hispanic American Police Commanders
Association in Sacramento, Calif.

Gurule, who was only sworn in this month as Treasury's top law enforcement
official, listed money laundering, better law enforcement cooperation with
Mexico and maintaining public trust as his top priorities. Treasury's
enforcement agencies, ranging from the Secret Service to the Bureau of
Alcohol, Tobacco and Firearms, employ more than 33,000 people and have a
budget of more than $4 billion, he said.
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