EU Adds Four African Countries to Money-Laundering Blacklist
The European Commission has added Botswana, Ghana, Mauritius, and Zimbabwe to a new list of countries that pose financial risks to the European Union due to anti-money laundering and terrorism financing shortfalls. Meanwhile, Ethiopia and Tunisia have been removed from the list owing to the progress they have made in tackling money laundering and terrorism financing.
(File photo).
-
Zimbabwe:
Zimbabwe Not Funding Terrorism, Says Central Bank Chief
The Herald, 11 May 2020
Zimbabwe has never been accused of funding terrorism by any institution in the world, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya, has said. Read more »
-
Ghana:
Fight Against Corruption, Money Laundering - Confiscate Ill-Gotten Wealth ... From Culprits After Jail Time - a-G
Ghanaian Times, 5 December 2019
Attorney General and Minister of Justice, Gloria Akuffo has urged local and international anti-corruption agencies to intensify efforts to confiscate proceeds of corruption and… Read more »
-
Ghana:
Anti-Money Laundering and Countering the Financing of Terrorism - Ghana Rejects Blacklisting
Ghanaian Times, 20 February 2019
Ghana has expressed regret over the European Commission (EC) blacklisting the country among the list of countries with strategic deficiencies in their Anti- Money Laundering and… Read more »
-
Nigeria:
Nigeria, Ghana Enter EU Blacklist for Money Laundering
Vanguard, 14 February 2019
Nigeria, Ghana, Saudi Arabia and Panama were named in a proposed European Union blacklist of nations seen as posing a threat because of lax controls on terrorism financing and… Read more »
InFocus
-
Mozambique has been ranked as the country with the highest risk of money laundering and terrorist finance in the world, according to a report issued by the Basel Institute of ... Read more »