This conference to me is therefore a timely one. It brings all stakeholders together to discuss these issues. I would like to suggest to the FIU that we make this an annual conference. Why do we need to fight money laundering? What are the consequences of not doing enough? We are an isolated small island in the big Pacific Ocean.
Why should we be spending much needed resources to fight money laundering in Fiji? The Attorney General answered some of these questions this morning and you may have discussed these in the course of today. But let me share with you my thoughts on them. I have just returned last night from a conference of central bankers on the global financial crisis.