Dirty money starts from dirty minds

Friday, September 20, 2019

Elsewhere in this publication, we feature an extensive report on the efforts being made through newly-enacted legislation and pressure on the financial services sector to remove the country’s global grey-listing for money laundering.

The new Financial Intelligence Act, which kicked in on September 4, is indeed a comprehensive endeavour to lift the country to international best practice in terms of Anti-Money Laundering/Combatting Financing of Terrorism (AML/CFT).

The new Act replaces its loophole-ridden predecessor, which was demonstrably ineffective as seen in the fact that almost no money laundering cases ever reached the courts or were successfully prosecuted in the years since its enactment in 2009.

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Dirty money starts from dirty minds

Elsewhere in this publication, we feature an extensive report on the efforts being made through newly-enacted legislation and pressure on the financial services sector to remove the country’s global grey-listing for money laundering.

Ramogapi, Palapye’s dapperly garbed legislators

Citizenship isn't for sale—Mokgware

Intervene early, don't rely on death penalty—Boko

Micro-procurement maze demands urgent reform

Christmas tree charcuterie

Ditori Comedy Night: Laughter echoes through the night

A mother's enduring GBV grief: 'I forgave Africa's killer'

Mortgage loans remain mute into Q3- FSC

Micro-procurement maze demands urgent reform