1 August 2012

Gambia: Giaba to Train CSOs On Money Laundering

The Inter-governmental Action Group against Money Laundering in West Africa (GIABA), will from August 6 to 7th 2012, organise a two-day training workshop for members of Civil Society Organisations (CSOs) in Dakar, Senegal.

A dispatch relayed to the Daily Observer disclosed among other things that, the August 6 to 7th sensitisation training for the CSOs, is part and parcel of GIABA's ongoing training package for different institutions, organisations and personalities about the dangers associated with money laundering related crimes in the sub-region and beyond.

The training as it has been the case with media practitioners and other relevant stakeholders in the struggle against money laundering, is also meant to have the CSOs adequately informed, aware and establish formidable networks in the fight against the crime and to also make them understand and appreciate the ramifications of the money laundering on economies of the world, especially developing countries in the sub-region and beyond.

"The fight against money laundering and the financing of terrorism is a collective responsibility of all stakeholders geared towards protection of economies and financial systems of member states. GIABA acknowledges the contribution of civil society in mass mobilization and decision-making processes.

"One of GIABA's strategic objectives for the period spanning 2011-2014 is to promote strategic partnership with the private sector, civil society and other key stakeholders in raising awareness of communities as a means of empowering the citizenry andenabling them to take corrective measures," the statement noted.

The dispatch also acknowledged the invaluable contributions and involvement of Civil Society Organisations (CSOs) in the crucial fight against money laundering related crimes. The GIABA statement added that the training of CSOs on ML/FT would help raise public awareness, as well asenhance effective and sustainable pressure on offenders and potential offenders to desist from commission of the crime.

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