Arinsa News
Criminal Justice Authorities Already Making Efforts to Prepare for the Next Round of Financial Action Task Force Mutual Evaluations
By UNODC GPML | 5 April 2024 UNODC ROSAF Website
Gaborone, Botswana, 25 – 28 March 2024 - In response to the ongoing commitment to combat financial crime, governmental authorities embarked on a landmark initiative facilitated by the United Nations Office on Drugs and Crime (UNODC), Regional Office for Southern Africa to fortify the existing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) framework. This initiative was born out of Botswana's history of grappling with AML/CFT challenges, notably highlighted during its second Financial Action Task Force (FATF) mutual evaluation conducted in 2017. Read More...
___________________________________
Mozambique: Authorities seize huge haul of elephant tusks bound for Dubai
By Online Editor | 22 March 2024 Club of MozambiqueThe Criminal Investigation Service (SERNIC) and Mozambique Tax Authority (AT) yesterday intercepted a 20-foot container containing 651 pieces of elephant tusk ivory at the port of Maputo. The consignment was bound for Dubai. Read more...
___________________________________
Money Laundering: Uganda struck off grey list after reforms
By URN | 26 February 2024 The Observer
Uganda has been struck off the grey list of the Financial Action Task Force (FATF), a categorization that risked the Ugandan financial industry being blacklisted. Read more...
___________________________________
Regional countries should cooperate to root out crime: PG Matanda-Moyo
By Online Reporter | January 24, 2024 The Sunday MailREGIONAL countries that make up the Asset Recovery Inter-Agency Network for Southern Africa (ARINSA) should work together in the investigation, prosecution and forfeiture of assets related to crime and corruption, Prosecutor-General Justice Loyce Matanda-Moyo has said.
She made the call at a time the National Prosecuting Authority of Zimbabwe (NPAZ) is taking part in the Anti-Money Laundering Week in Cape Town, South Africa, which started on January 22 and is expected to end on Friday. Read more...
___________________________________
DOUBLE BLOW FOR DRUG PEDDLER AS STATE ALLOWED TO SEIZE ASSETS
By Nancy Gitonga | December 7, 2023 People Daily, Kenya
A convicted drug trafficker suffered another blow yesterday after the Anti-Corruption High Court sanctioned the forfeiture of his two properties in Mirema Drive in Roysambu and Githunguri to the State. Read more...___________________________________
DPP SEEKS FORFEITURE OF FOREIGN JET, FAKE GOLD & $5.6 MILLION
By Staff Writer | October 16, 2023, Zambian Observer
The Director of Public Prosecutions has applied before the Lusaka High Court, Economic and Financial Crimes registry for a private jet used in the gold scam case to be forfeited to the State. Read more...
___________________________________
JUDGE ORDERS EX-KERRA MANAGER TO FORFEIT SH500M PROPERTY
By Paul Ogemba, 18 November 2023: The Standard
A former senior manager at Kenya Rural Roads Authority (KeRRA) has lost property worth Sh500 million acquired through corruption.
Justice Esther Maina ordered Margaret Wanja Muthui and her associates to forfeit the property to the state after finding that she enriched herself through proceeds of crime and used proxies to register them. Read more...
___________________________________
THE European Public Prosecutor’s Office (EPPO) and Tracfin, France’s financial intelligence unit (FIU) have signed a Working Arrangement, establishing a structured framework for their cooperation.
The arrangement aims to facilitate and foster the exchange of information on suspicious financial transactions relating to facts and offenses falling within the remit of the EPPO.“It also underlines the efforts of both parties to make the fight against money laundering, and the underlying offences that damage the financial interests of the European Union, as effective as possible,” Tracfin said in a statement. Read more...