KUALA LUMPUR: The government is actively monitoring illegal activities that have led to revenue leakages such as smuggling with the effort spearheaded by a Multi-Agency Task Force as well as the National Anti-Financial Crime Centre (NFCC).
Speaking at the Annual Meeting of the Asia/Pacific Group on Money Laundering (APG) here today, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said in particular, there is an ongoing project to recover RM5 billion within five years of loss of revenue arising from the smuggling of cigarettes and liquor.
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