�More work needed to combat money laundering�

Money laundering involves criminal activities, such as drug trafficking, smuggling, human trafficking, corruption and others that tend to generate large amounts of profit for the individuals or groups carrying out the criminal acts.

Speaking at the launch of the National Risk Assessment (NRA) in Gaborone last week, Seretse said while the country’s national vulnerability assessment shows the existence of a strong legislative and regulatory framework, there is inability to combat money laundering, suggesting weak enforcement effectiveness.