Report suspicious behaviour or face jail
Friday, October 02, 2020
Specified parties include inter alia lawyers, accountants, real estate agents, motor vehicle dealers etc, and accountable institutions comprise incorporated or registered legal entities including major grocery stores, schools or medical centres.
The reporting of suspicious transactions via a Suspicious Transaction Report (STR) is just one obligation a specified party and an accountable institution must meet under Financial Intelligence Act 2019 (FI Act) and related Financial Intelligence Regulations.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...