Nauru money laundering

Nauru money laundering

Nauru money laundering

Some time ago, we wrote an article showing that certain
countries in the South Pacific were being accused by international financiers of
money laundering. One of these was the phosphate island of Nauru, which forbade
my wife and I entry to their country to preach the gospel on a recent occasion.

This has never happened before and we are interested to
notice that those who have been ripping off the system are now on the run. We
quote from the Wellington Evening Post, 26 June 2001: "Money laundering
vow -– The island of Nauru said yesterday it would bring in new laws to clamp
down on money laundering before a deadline set by an international task force.
Nauru was given an ultimatum alongside Russia and the Philippines by the
Financial Action Task Force, a Paris-based anti-money laundering agency. They
have until September 30 to comply or face sanctions. The US Treasury says $US70
billion ($NZ171.23 billion) left Russia in 1998 alone for offshore accounts in
Nauru, which has 10,000 people, one main road and 400 banks."

Jesus, in His day, spoke very accurately and in Matthew
10:26, we read: "... for there is nothing covered, that shall not be revealed,
and hid, that shall not be known."

Life's experience proved this statement to be true.