Botswana Is Ideal For Criminal Syndicates

FRANCISTOWN: The perennial presence of fraud and forgery cases on the rota of the courts, the inadequacy of the law in permitting the functioning of certain institutions outside the regulatory realm of the Bank of Botswana, the increasing rapidity of daring heists intercepting cash-in-transit, the poor training of law enforcement agencies in highly sophisticated white-collar crime and in IT, all point to Botswana as an existing haven with even greater potential for money laundering and the criminal syndicates behind it, a seminar on money laundering heard last week.