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Financing of Terrorism Designated as Crime in Slovakia

Bratislava, December 3 (TASR) - Slovakia will have broader options to prosecute money laundering due to a Penal Code amendment passed by Parliament on Thursday.

The legal norm, discussed in a fast-track procedure, also introduced a new criminal offence - the financing of terrorism.

Justice Minister Viera Petrikova (an LS-HZDS nominee) said that those convicted of financing or supporting terrorism will receive 20- or 25-year sentences or even face life imprisonment.

The Penal Code change also defines more clearly what will be considered as support for a terrorist group.

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