JAKARTA, June 15 (Xinhua) -- Indonesia and Mexico have signed a memorandum of understanding (MoU) on prevention and eradication of money laundering and other related crimes, a official said Thursday.

    The MoU was signed by Yunus Huesein, chairman of Indonesia's Money Transaction Analytical and Reporting Center (PPTAK), and Concepcion Patino Cestafe, chief of the Mexican Ministry of Finance and Public Credits' Financial Intelligence Unit, PPATK spokesman Natsir Kongah was quoted by Antara news agency as saying.     

    Under the MoU, the two countries would exchange intelligence information on money laundering or other related crimes, he said.

    The signing of the MoU was aimed at supporting the government's efforts to eradicate and prevent money laundering and to strengthen cooperation with Mexico as a fellow member of the Egmont Group.

    The Egmont Group is an informal international organization which was established in 1995 in an inauguration ceremony at Egmont-Arenberg Palace in Brussels, Belgium.

    Members of the Egmont Group are financial intelligence units from a number of countries, which become focal points of their governments in their fights against money laundering.

    "Up to June 2006, PPTAK has signed similar agreements with 13 foreign financial intelligence units from several states," Natsir said. Enditem