NPOs Prone To Money Laundering, Terrorist Funding

Monday, May 27, 2019

FRANCISTOWN: The Minister of Nationality, Immigration and Gender Affairs (MNIGA), Ngaka Ngaka has raised a concern over the alarming rate at which Non-Profit Organisations (NPO), especially churches are becoming susceptible to money laundering and terrorist funding (ML/TF).

He was speaking at the Societies Pitso for NPOs, which was held recently at Adansonia Hotel to address issues of registration of a society, compliance to the societies act, ML/TF, tax evasion and records management.

The event is the second of its kind nationally and comes after the Financial Action Task Force (FATF), a global anti-money laundering organisation, placed Botswana under high-risk countries.

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NPOs Prone To Money Laundering, Terrorist Funding

FRANCISTOWN: The Minister of Nationality, Immigration and Gender Affairs (MNIGA), Ngaka Ngaka has raised a concern over the alarming rate at which Non-Profit Organisations (NPO), especially churches are becoming susceptible to money laundering and terrorist funding (ML/TF).

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply