Receivers of stolen information risk money laundering charge
Friday, December 04, 2020
Dirty cash: The authors say even receiving information could be punishable PIC: arachnys.com
Or stories are published or aired on TV or radio of contractors considering legal action because they were unsuccessful in securing a specific government contract. The source of their information to ground any action, apparently leaked to them by family or friends or corrupt government officials who work for the ministry that issued the contract.
While there are specific corruption offences for officials who release information unlawfully and for those who offer or provide some inducement to do so, what are the other repercussions for any person or entity that receives unsolicited unlawfully acquired and released information? Particularly if they also act upon that information for their own benefit or the benefit of another for example their employer.Widely unknown and understood amongst professionals and the general public is the application of the criminal money laundering laws of Botswana to corruption. Internationally, money laundering laws were initially enacted to combat the proceeds of drug trafficking and later expanded to include other crimes particularly human trafficking, people smuggling and weapons smuggling.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...