PM for global cooperation to make financial markets free from terrorists’ investment

November 14th, 2007 - 2:29 am ICT by admin  
On Board PM’s special aircraft, Oct 18 (ANI): Prime Minister Manmohan Singh today said that countries should cooperate with each other to prevent terrorist groups from investing in financial markets of countries.

Terming the money laundering as a global concern, Singh said, “Countries need to cooperate so that the undesirable elements, including terrorist groups do not take advantage of the financial systems of the countries.”

In the wake of the Wednesday’s volatile trading at the Mumbai Stock Exchange after SEBI announced its intentions of regulating Participatory Notes (PN), leading to a huge crash, Singh said that the Union Finance Minister along with the SEBI have already stated about the proposed steps. (ANI)

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