The threat of organised crime and knowing who the beneficial owner is

Friday, April 16, 2021

In the shadows: Beneficial ownership has become a key issue in the global fight against dirty money and corruption PIC: LAVECO.COM

While Botswana responds to the listing by the European Commission of the country as being a high money laundering and terrorism financing risk, there are numerous examples emanating from Europe on why effective AML/CFT&P controls are necessary.

A recent incident reported by Europol highlights the danger posed by organised crime and the industries and professions at risk.

In December 2020, Europol announced that the Spanish National Police, with its support, had dismantled a large organised crime network in Spain which was involved in corruption and money laundering in that country.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Off to The Bahamas: The relay team at the Sir Seretse Khama Airport on Sunday PIC: BAA FACEBOOK

Relay team hunts elusive gold

Calistus Kolantsho | 23 h ago

Nico launch late Houdini act

Mqondisi Dube | 23 h ago

GU face Galaxy hurdle in title defence

Boitumelo Khutsafalo | 1d ago

Tables turn on disciplined forces

Mqondisi Dube | 1d ago

Softball constitution under scrutiny

Calistus Kolantsho | 1d ago

Bodybuilders ready to flex muscles

Mqondisi Dube | 7 h ago

UB Rhinos on the charge

Calistus Kolantsho | 1d ago

Ditlhokwe returns after long term injury

Larona Makhaiza | 19 h ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More