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Peruvian government 'close' to pass anti-money laundering law

The Peruvian government is "very close" to passing a banking secrecy law that would give tax agency Sunat access to bank account details of companies and individuals, Finance Minister David Tuesta told AFP.

The law is meant to serve as an important weapon for the authorities in the fight against tax evasion, money laundering and corruption, Tuesta reportedly told the newswire at the International Economic Forum on Latin America and the Caribbean in Paris.

He said the current political climate in the Andean country, which has been dominated by allegations of widespread corruption, represented a "great opportunity" to take "concrete action" to combat such crime.

In March, Peru was rocked by a political scandal that saw President Pedro Pablo Kuczynski resign over vote-buying allegations and links to troubled Brazilian construction firm Odebrecht.