‘Dirty money’ greylisting decision due by Thursday

Optimistic: Serame expects an exit from the greylisting PIC: PHATSIMO KAPENG
Optimistic: Serame expects an exit from the greylisting PIC: PHATSIMO KAPENG

The finance ministry and other economic stakeholders in the country will know by Thursday whether Botswana will finally be removed from the global money-laundering greylist it has been on since 2018.

The Financial Action Task Force (FATF), the world’s leading multinational anti-money laundering agency, is set to hold its plenary between Tuesday and Thursday in Paris, with delegates from across the world meeting in Paris and virtually.

The FATF’s decision will be publicised on Thursday and should Botswana be removed from the greylisting, it will also subsequently be removed from the European Union’s blacklist for anti-money laundering.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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