FIA flags P481M suspicious transactions :: Mmegi Online

Botswana's Financial Intelligence Agency (FIA) has flagged suspicious transactions worth P481 million during the 2024/25 financial year, highlighting the scale of financial crimes ranging from fraud and corruption to tax offences and illegal deposit-taking.

Speaking during recent discussions on illicit financial flows, a FIA representative revealed that the agency had received and analysed 850 suspicious transaction reports linked to a range of criminal activities, including fraud, tax crimes, corruption, drug-related offences and illegal deposit-taking.

The FIA also disseminated 102 financial intelligence reports to competent authorities, including the Botswana Police Service, the Directorate on Corruption and Economic Crime (DCEC), the Botswana Unified Revenue Service (BURS) and other financial intelligence units for further investigation and action.

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FIA
CORRUPTION

FIA flags P481M suspicious transactions

Botswana's Financial Intelligence Agency (FIA) has flagged suspicious transactions worth P481 million during the 2024/25 financial year, highlighting the scale of financial crimes ranging from fraud and corruption to tax offences and illegal deposit-taking.

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