Tanzania: Swiss Boost for JPM's Graft War

Dar es Salaam — The Memorandum of Understanding signed between Tanzania and Switzerland last Friday is an important milestone in the war against grand corruption and other serious financial crimes, says Foreign Affairs and East African Cooperation minister Augustine Mahiga.

The agreement will not only enable Tanzania to recover the looted billions stashed in Swiss banks, but also pave the way for the Prevention and Combating of Corruption Bureau (PCCB) officials to acquire the skills they need to deal with sophisticated money transfer by corrupt officials and other types of criminals, according to Dr Mahiga.

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