NPOs Prone To Money Laundering, Terrorist Funding

Monday, May 27, 2019

FRANCISTOWN: The Minister of Nationality, Immigration and Gender Affairs (MNIGA), Ngaka Ngaka has raised a concern over the alarming rate at which Non-Profit Organisations (NPO), especially churches are becoming susceptible to money laundering and terrorist funding (ML/TF).

He was speaking at the Societies Pitso for NPOs, which was held recently at Adansonia Hotel to address issues of registration of a society, compliance to the societies act, ML/TF, tax evasion and records management.

The event is the second of its kind nationally and comes after the Financial Action Task Force (FATF), a global anti-money laundering organisation, placed Botswana under high-risk countries.

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NPOs Prone To Money Laundering, Terrorist Funding

FRANCISTOWN: The Minister of Nationality, Immigration and Gender Affairs (MNIGA), Ngaka Ngaka has raised a concern over the alarming rate at which Non-Profit Organisations (NPO), especially churches are becoming susceptible to money laundering and terrorist funding (ML/TF).

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

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