Sergei Stepashin, Chairman of the Audit Chamber, represented Russia at the plenary session, reads a press release of the Audit Chamber's information and public-relations department.
The working group, as well as INTOSAI itself, will take action in order to expose and prevent malfeasance inside institutions of state authority, the embezzlement of budgetary appropriations, tax evasion and various abuses during privatization processes, the report goes on to say.
With this in mind, the concerned parties are studying the possibility of conducting joint auditing checks and exchanging national auditing-check results, the document notes.
According to the report's provisions, such efforts will eventually thwart trans-border financial flows being used to subsidize international terrorism, organized crime and illegal migration.
The concluding report lists those specific countries, which are fighting money-laundering operations more actively than the rest. Among other things, such countries have passed special normative-legal acts, also establishing the required structures and working out specific regulations for monitoring suspicious banking transactions and other financial operations.
This list includes the United States, Great Britain, France, Germany, Russia, Brazil, Peru, as well as some other countries.
The INTOSAI working group comprises the chiefs of 10 supreme national audit institutions, including those from Russia, the United States, Great and Britain. The group is headed by Peru's comptroller-general Genaro Matute Mejia.
The INTOSAI working group was established in 2003 on the initiative of Russia's Audit Chamber for the sake of pooling the efforts of supreme audit institutions from more than 170 countries of the world, so that they could pinpoint financial sources of international terrorism.