'Legal practice contributes to illicit financial flows'

Legal practice in the country has reportedly contributed heavily to money laundering and illicit financial flows.

According to the Law Society of Botswana (LSB), the legal practice contributed significantly to the recent poor showing in the international ratings for Anti- Money Laundering and control of illicit financial flows by Financial Action Task Force based in Paris.

The Society’s chairperson, Diba Diba said it was a concern that the legal practice has a hand in illicit dealings and that they would do all that was necessary to assist the country attain compliance.  “This will include training for our members in this area and by ensuring a more robust regulatory framework,” he said.

Editor's Comment
Parents should be more proactive in children’s lives

Parents need to pay particular attention to their children to ensure they grow up in a healthy environment that supports their development and mental health. Healthy attachments between parents and children foster strong bonds, creating a solid foundation for future leaders.In many African cultures, there is a common perception that parents should use a stick to discipline naughty children. While disciplining children is important, it is equally...

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