Money laundering battle not yet over, says Interpol boss

Nations are failing to provide sufficient resources to counter the threat of money laundering, according to the honorary secretary general of Interpol.

Raymond Kendall told a recent conference that money launderers are getting into the financial system and states can no longer put the right kind of resources into place to counter them.

He added money laundering was first identified as a problem issue in the United Nations' 1988 Convention Against Illicit Drugs.

Yet, it was some six years later