Law on money transfers to be revised, Maia Sandu

The legislation on money transfers from abroad is still strict. As a result, some citizens who work honestly abroad face difficulties when they want to transfer money. The diaspora in the Russian Federation, where the authorities say the biggest flow of dirty money comes from, is particularly affected. The country's president, Maia Sandu, says the legislation will be reviewed, IPN reports.

According to the head of state, the authorities will intervene to ensure that dirty money no longer enters the Republic of Moldova, on the one hand, and on the other hand, not to create obstacles for citizens who have worked and work honestly.

"I have discussed this issue with the Parliament and the Government and I understand that they will come up with a solution", President Maia Sandu told a press conference.

During the electoral debate at the parliamentary elections in the fall, Maia Sandu said that at the time the stricter legal framework was adopted to prevent Shor's money from coming into the country, but the restrictions applied did not work. The government will review the legislation and make it simpler for people who work honestly abroad to transfer money.

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