The international money transfer firm owned by relatives of terrorist Khaled Sharrouf has been shut down after it failed to explain millions of dollars worth of mystery transfers to the Middle East.
Money laundering watchdog AUSTRAC announced on Monday that it had finally cancelled the registration of Lakemba-based Bisotel Rieh, which is owned by the notorious jihadist's sister Damour Sharrouf and her husband Ahmed Alwash.
Bisotel Rieh has had the intervening time to explain why it didn't properly report millions of dollars in transfers to Lebanon and Turkey.
Mr Schmidt said anyone wanting to send money overseas can check the AUSTRAC website to see the status of remittance firms, including restrictions on their registration. http://www.austrac.gov.au/
http://www.illawarramercury.com.au/story/2687051/sharrouf-linked-money-transfer-firm-shut-down/?cs=7