14 Jul 2024
Tuesday 24 November 2015 - 10:05
Story Code : 190171

France announces measures against terrorist financing

France announces measures against terrorist financing
PARIS, Nov. 24 (MNA) The French Minister of Finances Michel Sapin, announced on Monday several measures against terrorist financing, 10 days after the deadly attacks occurred in this capital.

If terrorists carried out their attacks is because they manage to obtain financial resources in France and abroad, he told media.

Sapin said the authors of what happened in Paris used prepaid cards to organize attacks. The operations generally involve modest sums, which prevents traceability. So, measures have to be tightened.

Therefore, such measures are related to the better coordination of services and greater control of small transactions, he said.

Currently, prepaid credit cards can be recharged without identity checks so long as they dont exceed 2,500 euros over one year.

Details of stricter debit card rules, which are part of a wider set of measures to combat the financing of terror, are to be given in early 2016, the finance ministry said.

By Mehr News Agency
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