Tambadou: Money laundering, terror financing potential to fuel more crimes

The challenged aspect for civil society is to increase knowledge in the area of effect of transnational organized crimes - Adama Coulibaly, GIABA DG (Photo: GIABA Secretariat).

GIABA: Saly Forum Tackles Emerging Anti-Money Laundering Issues In West Africa

President of ECOWAS Commission, HE Marcel Alain de Souza (middle) flanked by Director General of GIABA, HE Mr. Adama Coulibaly (left) and Speaker of the ECOWAS Parliament, HE Mustapha Cisse Lo (right) and other participants at the “Regional Stakeholders Forum on Emerging Global AML/CFT Issues and Implications for GIABA Member States” in Saly, Senegal (Tuesday 16 – Thursday 18 August 2016)

Gambia should quickly finalise national anti-money laundering strategy

GIABA’s director of research, Mr Mu’Azu Umaru speaking on behalf on director general of GIABA, Adama Coulibaly - Photo Credit: MSJoof/TNBES/GNJaML

The director general of the Inter-governmental action group against money laundering in West Africa (GIABA), Adama Coulibaly, has advised The Gambia to “quickly finalise” its national anti-money laundering and counter-financing terrorism (AML/CFT) strategy.
 

Gambia has chosen to develop a national strategy that will serve as a driving force for deepening of its AML/CFT system.

In a statement read on his behalf during an April 1-3 “stakeholders workshop to develop the strategy” at a local hotel in Kololi, The Gambia, Mr Coulibaly said the timing is auspicious as the second round of evaluations for GIABA member states is set to begin in the last quarter of 2015.