The North Bank Evening Standard [TNBES]: Crime and Corruption

The anti-money laundering agency, GIABA, has said it is to assist financial institutions in The Gambia to effectively address existing challenges and new requirements emerging from the revised Financial Action Task Force (FATF) Standards and the new methodology.

This will include Money Laundering and Terrorist Financing (ML/TF) risk assessment and application of risk-based approach to the anti-Money Laundering and Counter Financing Terrorism (AML/CFT) implementation.

GIABA announced on Friday that it will hold a 3-day national workshop on ML and TF risk assessment for financial institutions and Designated Non-Financial Institutions Businesses and Professions (DNFBPs) in Banjul from July 27-29, 2016.

Cross section of participants at the GIABA Open House Forum in Freetown, Sierra Leone (Photo Credit: GIABA)

Youths in Sierra Leone have pledged their commitment to the fight against money laundering and financing of terrorism, corruption, and transnational organised crimes, according to GIABA, an inter-governmental agency fighting against the same crimes in West Africa.

It pledge followed an Open House Forum for Youths in that country on the theme “Mobilising the Youths against Organized Crimes” facilitated by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

The July 25 forum, attended by 160 young people from tertiary institutions, youth coalition groups and the media in Sierra Leone, culminated in a communiqué in which the youths resolved “to assiduously become advocates of a corrupt-free society”.