SYDNEY: Australia said on Wednesday it was striving to shut down money flows to terrorist groups after its anti-money laundering agency tracked Aus$53 million ($38 million) in suspect transactions in a year.

Government body AUSTRAC said that between July 2014 and June 2015, it monitored more than 100 people “of interest” and investigated 536 suspicious transactions valued at Aus$53 million, most of which were associated with militant groups in Iraq and Syria.”Those 100 are obviously part of a wider group of people who we’re worried about supporting ISIL,” Justice Minister Michael Keenan told reporters in Canberra, using an acronym for the Islamic State group.

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