Zimbabwe - Money laundering Bill Gazetted
Harare, Zimbabwe - Government has gazetted the Money
Laundering and Proceeds of Crime (Amendment) Bill which seeks to strengthen the
Financial Intelligence Unit of the Reserve Bank of Zimbabwe (RBZ) by giving it
autonomous powers to effectively combat the crime. The Bill is also meant to ensure Zimbabwe complies with 40
recommendations by the Eastern and Southern African Anti Money Laundering Group
where Harare was found wanting. Promulgation of the proposed law is consistent with
Government under President Mnangagwa’s thrust to ensure zero tolerance on
corruption, as it seeks to quickly turn around fortunes of the economy. Read More ...
The 7th ARINSA AGM: Relentless efforts continue to make sure criminals
have nowhere to hide
The Asset Recovery Inter-Agency Network for Southern Africa
) held its Annual General Meeting in Gaborone, Botswana on 7 – 8 March
It was reported at the meeting that ARINSA member countries
had seized USD 76m worth of assets
in 2017. This was a significant increase from the previous year which
was reported at USD 23m. This surge
has been largely attributed to the mentorship programme and the extensive
training programmes that UNODC has been conducting in 2017, including Terrorism
Financing, Cyber-Crime, Beneficial Ownership and Taking the Proceeds from
Wildlife Crime. More details are available in the ARINSA Annual Report 2017
on the link below: ARINSA
Annual Report or by visiting the ARINSA website https://www.arinsa.org. Read More ...
Mozambique: Bill On Financial Intelligence Office Passed
Maputo — The Mozambican parliament, the Assembly of
the Republic, on Thursday passed the first reading of a government bill
amending the 2007 law which set up the Financial Intelligence Office (GIFIM),
in order to strengthen GIFIM's anti-terrorist role. The government argues that the
bill simply follows international norms to fight money-laundering, the
financing of terrorism and other organised transnational crime. The bill
defines GIFIM's task as to prevent the use of the Mozambican financial system, and
any other sectors of economic activity, in such crimes. GIFIM must collect and analyse
information on suspicious economic or financial operations that might indicate
money laundering, the financing of terrorism or connected crimes, and
collaborate with law enforcement agencies in identifying funds and assets
resulting from transnational organised crime. Read More ...
Jailed Cashgate criminal, Stanley Mtambo who stole K78m, walks free next month
Mtambo was convicted on November 2 2016 when he pleaded guilty to a money
Judge Semi Chombo sentenced since sentenced Mtambo to 16 months in jail.
The convict opted to start his sentence immediately despite the Director of
Public Prosecutions (DPP) Mary Kachale asking the court to put on hold
proceedings into the sentencing of Mtambo until all the accused persons were
sentenced in what is expected to be a lengthy trial.
And having served a large part of the sentence, he is expected to be out by
first week of March 2018, his lawyer Andy Kawonga confirmed.
Kachale said prosecutors welcome a lenient sentence to Mtambo as it
proportionate to the cooperation he rendered to investigating agencies and his
decision to plead guilty early in the trial. Read More ...
Rhino poaching: Latest figures show a decade of
bloodshed in South Africa
When just 13 rhinos were poached in South Africa in 2007, it seemed like
the problem was nearly under control – but over a 10-year period, the numbers
soared. We explore the legacy of conservationist Dr Ian Player,
and the monumental task of keeping these beautiful beasts safe.
Dr Ian Player, the veteran South African game
ranger and doyen of global rhino conservation, would be turning in his grave
today were he to discover that another 1,000 rhinos had been slaughtered
in the last calendar year. The African-wildlife warrior died just over
three years ago aged 87, at a point when poaching had just exploded to record
levels in South Africa – with nearly three rhinos gunned down daily. Read More ...
Gupta Leaks: Meet the Money Launderers
The Guptas used an
international network of scrap metal dealers to launder hundreds of millions in
kickbacks between China, India, UAE and SA. We introduce them.
It must have been good news for Piyoosh Goyal when the State Bank of India
approved his Rs750m (R120m then) loan. So good that he then sent his agent to a senior banker's Mumbai home on a
Sunday with two expensive watches and a fistful of cash. At least, this is what
the Mumbai branch of the Central Bureau of Investigation (CBI) later claimed. Their anti-corruption investigators had lain in wait, that November 2013,
and they arrested Goyal's alleged agent when he emerged from the banker's home. Then they raided the home where they said they found the two watches and the
cash. Simultaneously, they raided Goyal's premises, where they claimed to have
found "incriminating documents". Read More ...
Cape authorities have bust another rhino poaching syndicate after eight
suspected poachers were nabbed during a dramatic 48-hour operation that saw the
gang tracked to the Free State. The eight men, mostly foreign nationals, were
arrested for allegedly conspiring to poach rhino on the Great Fish River Nature
Reserve, between Grahamstown and Fort Beaufort, at the weekend. According
to authorities, the same gang could be responsible for wiping out an entire
rhino population at the Wildschutsberg Game Reserve in the Stormberg mountains
near Komani in October. The bust
comes after six of the alleged poachers managed to evade arrest earlier by
hiding out in East London before fleeing to the Free State. Read More ...
Mnangagwa urged to leave no
stone unturned in recovering $15bn
parties have welcomed calls by President Emmerson Mnangagwa for persons, who
externalised money to return the loot within three months, saying the
government must leave no stone unturned in accounting for the missing $15
billion diamond revenue. Former President Robert Mugabe revealed the country lost $15 billion diamond
revenue, which is widely believed to have been externalised by government
officials working with rogue investors. On Tuesday, Mnangagwa gave those who externalised money up to February to
return their wealth or risk prosecution. Opposition parties said Zanu-PF officials were largely responsible for
externalising funds. Read More ...
MBABANE – Two Taiwanese poachers given 29 yrs and ordered to replace four rhinos they dehorned.
translates to E40 000 per rhino. On top of replacing the rhinos or
compensating the owners of the animals, Hsiao Chen Hao (54) and Chen
Bei-Hsun (30) have been slapped with sentences of 29 years imprisonment
each. They were convicted of contravening the Game Act of 1953, in that they
were found in possession of 24 pieces of rhino horn worth about E29
million at King Mswati III International Airport on February 25, 2017 en
route to Taiwan. They were charged with unlawful possession, trading or
trafficking the rhino horn and exporting it. For unlawful possession,
they were sentenced to nine years imprisonment each and 11 years for
trading and trafficking the horn pieces.
John Magagula further sentenced them to a period of nine years for
exporting the trophies of rhino horn. The judge ordered that these
sentences should run concurrently, meaning that each of the convicts
will serve a prison term of 11 years. If they fail to compensate the
owners of the rhinos, they will serve an additional sentence of four
years each, bringing the total to 15 years. Read More ...
Malawi Cashgate thief, Godfrey Dzanjalimodzi, jailed for 8 years
Court in Lilongwe has jailed contractor Godfrey Dzanjalimodzi
to eight years for theft
and money laundering K338million in connection with the cashgate scandal.
He had deposited into WG Construction, a company he co-owned, a cheque worth K18,672,508.80 on 30th April, 2013, K24,236,430.80 on 29th June 2013, K91,568,744.10 on 21st August 2013, K54,777,862.80 on 08th August,2013,
K88,999,802.14 on 11th August 2013 and the last cheque he deposited was worth K78,654,259.65 on 23rd August 2013. He would then transfer the money into his personal account. During court proceedings of the case, the State proved that Dzanjalimodzi was the only one who had the password to the electronic banking facility of the company’s account and did not entertain questions from fellow directors when they queried the unusual movements in the account. Judge Ivy Kamanga, presiding over the case, had found Dzanjalimodzi guilty in January this year of both charges.” Read More ...
August 26 MD fends off N$2m forfeiture
Windhoek, Namibia. The PG's application to have more than N$2 million in an investment account
in the name of the managing director of the state-owned August 26 Industries,
Moses Kamunguma, and two cars bought by him declared forfeited to the state was
dismissed in the Windhoek High Court on Friday, with judge Shafimana Ueitele
finding it had not been proven that the money and two cars were derived from
unlawful activities. Prosecutor general Martha Imalwa's contention that the court should conclude
an amount of about N$2,7 million paid into a bank account of Kamunguma in June
2014 derived from unlawful activities was “founded on conjecture and
speculation”, judge Ueitele said in the judgement in which he dismissed the
PG's application for a forfeiture order in terms of the Prevention of Organised
Crime Act. Imalwa obtained a property preservation order over an investment account of
Kamunguma and two cars in February last year, and in June last year applied to
have the two vehicles and the money in the account forfeited to the state. Read More ...
attends The Regional Asset Recovery Networks Meeting at The Hague
On the 31st
August to the 1st September 2017 the ARINSA presidency attended the
Regional Asset Recovery Networks Meeting hosted by the CARIN Secretariat,
Europol Criminal Asset Bureau(ECAB) at the Hague, Europol HQ, Roberts,
Netherlands. Present at the meeting was representatives from the Regional Asset
Recovery Networks of ARIN-AP, ARIN-EA, ARIN-SA, ARIN-WA, ARIN-CARIB, CARIN,
RRAG, UNODC, EU Commission and UNICRI. The meeting started with an introduction
and welcome address by Ms. Marcella van Berkel, from the CARIN Secretariat and
a Specialist of the ECAB Financial Intelligence. This was followed by the
opening address by Mr Simon Riondet, the Business Manager, Europol Financial
Intelligence and a brief introduction of the participants. The keynote address
was delivered by Mr. Sebastaino Tine of the EU Commission where he gave a brief
overview on providing effective international law enforcement and judicial
cooperation in the field of asset recovery. Read More ...
Joining forces to tackle corruption: UNODC hosts inter-regional workshop on asset recovery
The process of tracing, freezing,
confiscating and returning the stolen assets to their country of origin
is usually a complex and lengthy one, involving multiple jurisdictions
and often complicated by technical, legal or political barriers.
Building on experience in this area, UNODC recently hosted an
inter-regional workshop on international cooperation in asset recovery
and confiscation. The two-day workshop in Islamabad, Pakistan focused on
cooperation in legal matters as well as criminal justice and legal
reform in the West and Central Asia region.
Currently, no such platform exists in the region, thus making asset
tracking and recovery even more challenging. In light of these factors,
UNODC - through its
Regional Programme for Afghanistan and Neighbouring Countries
and its Country Programme of Pakistan- is supporting the countries
concerned to lay the basis for the establishment of the Asset Recovery
Inter-agency Network (ARIN). Read More ...
Corrigendum 2016 ARINSA Annual Report - LE Trainet Meeting
The meeting was held in June 2016 (page 26 )
The UNODC “LE TrainNet”
initiative promotes a network of law enforcement training and educational
institutions. This network encourages and promotes a more systematised,
sustainable and inclusive regional and inter-regional cooperation between law enforcement
training institutions, creating an ideal platform in which to share best
practices, training curricula, training materials, training methodologies and
trainers, as well as, to work in cooperation with each other to develop new
training tools as might be needed. The UNODC “LE TrainNet” is part of the UNODC
Global Programme – “Building Effective Networks Against Organised Crime –
BENATOC” and is supported by UNODC partners, including INTERPOL, World Customs
Organisation, EUROPOL, OSCE, CEPOL and others.
INTERPOL hosted LE TrainNet
meeting in June 2016.
Two of Africa's most wanted poachers caught
Malawi – Two of East Africa's most wanted wildlife
criminals have been arrested in Malawi for their involvement in the illegal
trade of ivory.
Chancy and Patrick Kaunda of Malawi, who were the subjects of Interpol Red
Notices issued at the request of Tanzania, are suspected of trying to export
781 elephant tusks from Tanzania to Malawi without the proper permits in
illicit tusks are valued at $5.8m (R79.9m), and had been concealed in a
shipment of bags of cement.
to a statement by Interpol, the Malawi police, in cooperation with Tanzanian
authorities and supported by a team deployed by Interpol, apprehended one of
the fugitives in northern Malawi on Wednesday, October 4. Read More ...
Kaphamtengo implicates in-law in K201mil Cashgate
Cornelius Kaphamtengo who is accused with 13 others of
stealing and sharing among themselves K201 million ($358 929) in 2011 from the
then Ministry of Elderly and Disability Affairs through the Accountant
General’s Office testified in court that his brother-in-law duped him into
using his business documents and bank account for the ‘Cashgate’ affair.
“My brother-in-law could just
call me and dictate the list of people to be issued with cheques and the
amount of money to be given to each of the people on that list. I could write
cheques and send them to Lilongwe where Nambala was staying using courier,”
Kaphamtengo told the court
that he never benefited anything from the loot. Read More ...