Aug. 12 (UPI) -- Uruguayan President Yamandú Orsi's government has launched a national strategy to combat money laundering, terrorism financing and the proliferation of weapons, aiming to curb the rise of drug trafficking and organized crime in the country.
The initiative is an action plan for 2025 to 2030, based on the 2024 National Risk Assessment, which found that drug trafficking, corruption and the trade of soccer players' transfer rights are among the activities posing the highest risk for money laundering in the country.
"Uruguay today is not achieving -- and has not for a long time -- concrete results in the fight against money laundering and the financing of terrorism," Presidential Deputy Secretary Jorge Díaz said last week during presentation of the strategy.
In 2019, Uruguay secured 52 convictions for money laundering, but only eight have been recorded this year.
Related
