Hanoi (VNA) - Thailand's Anti-Money Laundering Office (AMLO) said on September 6 that it is expanding international efforts to cope with sophisticated money laundering through its cooperation with countries in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).

Acting AMLO Secretary-General Pol Maj Gen Preecha Charoensahayanont told the media that money laundering is becoming more complicating as terrorist groups have access to financial sources that requires harder efforts of authorities to examine.

Preecha said AMLO has reached concrete agreements in combating money laundering at the 11th meeting of the BIMSTEC Sub-Group on Anti-Money Laundering and Combating the Financing of Terrorism (BIMSTEC SGAML-CFT).

The meeting saw the attendance of delegates from Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand.

AMLO is an independent governmental agency. It has the status of a department functioning independently and neutrally under the supervision of the Minister of Justice, but is not part of the Ministry of Justice.-VNA