Jakarta (ANTARA News) - The Corruption Eradication Commission (KPK) and the Financial Transaction Reporting and Analysis Center (PPATK) are to cooperate in fighting money laundering practices.

The two agencies would conduct their cooperation through, among other things, a "secure online communication" system provided for in a memorandum of understanding (MoU) their respective chiefs, Busyro Muqoddas and Yunus Husein, signed at the KPK building here on Friday.

KPK spokesman Johan Budi said the "secure online communication" system was one of several cooperation arrangements between the two institutions, and this year KPK and PPATK would be interconnected.

With such an interconnection system, the two institutions were expected to have secure online exchange of information.

The KPK and PPATK would cooperate in the scope of information exchange, formulation of legal products, interception, case handling, education and socialization, and development of information technology.

In relation with case handling, the KPK and PPATK would form a joint task force to handle corruption cases and money laundering activities.

The MoU which was signed on Friday was the amended form of a previous one signed on April 29, 2004.

The amendment was made following the adoption of Law No.8/2010 on the prevention and eradication of money laundering.
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Editor: Bambang
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