Organised crime outpaces authorities in SE Asia, UN says

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Many of the cartels, based in Hong Kong, Macau, Taiwan and Thailand, are outpacing the ability of law enforcement to respond. FMTNews SEAsia UN

Transnational crime syndicates are exploiting rampant corruption, weak law enforcement and lax border controls to grow their power and reach.

“In many parts of Southeast Asia, the systematic payment of bribes at borders is as regulated as the payment of fees in official bureaucratic systems,” the United Nations Office on Drugs and Crime said in a report. Proceeds of crime are also laundered through the formal banking system in Singapore and Hong Kong, it added.

“The Asia-Pacific meth market is now the biggest in the world,” Jeremy Douglas, the agency’s representative for Southeast Asia and the Pacific, told Reuters. The most valuable markets in Australia, Japan, New Zealand and South Korea make up US$20 billion, or a third of the high-end estimate, it added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Visa invests in Go-Jek for digital payments in SE AsiaVisa has invested an undisclosed amount in Go-Jek as part of the Indonesian company’s ongoing series F fundraising round. FMTNews GoJek SEAsia
Source: fmtoday - 🏆 5. / 72 Read more »

Visa invests in Go-Jek for digital payments in SE AsiaVisa has invested an undisclosed amount in Go-Jek as part of the Indonesian company’s ongoing series F fundraising round. FMTNews GoJek SEAsia
Source: fmtoday - 🏆 5. / 72 Read more »

Worsening world hunger affects 821 million, says UN | The Malaysian InsightThe World Food Programme has warned extremist groups are using hunger and control over food supplies as a weapon to divide communities.
Source: msianinsight - 🏆 8. / 63 Read more »

South Asia monsoon rains, floods claim 180 lives | The Malaysian InsightDownpours wreaking havoc across India, Nepal, Bangladesh and Pakistan-administered Kashmir.
Source: msianinsight - 🏆 8. / 63 Read more »

Monsoon flood wreaking havoc across South AsiaNew Delhi: Torrential monsoon rains swept away homes and triggered landslides across South Asia, affecting millions of people and claiming at least 180 lives, officials said.
Source: staronline - 🏆 4. / 75 Read more »