Canada’s anti-money laundering agency pinpointed more than 100 transactions that may have involved terrorist financing last year — part of a record number of case disclosures to police and spy agencies.
In its annual report, the Financial Transactions and Reports Analysis Centre says it passed along information about 777 dubious dealings in 2010-11, the most in its history.
Of these, 626 were related to suspected money laundering, while 103 concerned possible terrorist activity or other threats to Canadian security.
Finally, 48 may have involved both the laundering of cash and terrorist financing.
FINTRAC disclosed information about the questionable transactions to agencies including the RCMP, the Canadian Security Intelligence Service and foreign counterparts.
One case concerned a large international money laundering ring tied to drug trafficking and terrorist financing.