GIABA advocates revision of anti-money laundering measures

Dr. Abdullahi Shehu

Director-General of the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), Dr. Abdullahi Shehu, has stressed the need to revise the Anti-money Laundering and Counter Financing of Terrorism (AML/CFT) measures.

Statement: NPP has worst record in money laundering

It is quite befuddling to hear the Presidential Candidate of the New Patriotic Party (NPP), Nana Addo Dankwa Akufo-Addo, talking so tough on the canker of corruption and how he and his NPP number-two government plans to tackle the menace.

Francophone journalists to be sensitized on money laundering

The Intergovernmental Group of Action Group against Money Laundering in West Africa (GIABA) is organizing from 29 to 30 August 2012 in Praia, Cape Verde, a sensitization workshop for journalists from Francophone and Lusophone ECOWAS.

US Senate reveals fraud at HSBC

HSBC provided a conduit in aiding "drug kingpins and rogue nations", according to a US Senate committee investigating money laundering claims at the bank.

GIABA sensitizes ECOWAS journalists on money laundering in Gambia

FROM: WILLIAM NANA YAW BEEKO, BANJUL, GAMBIA

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) will hold a sensitization seminar on Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) for journalists from English-speaking countries of West Africa between Thursday 28 June and Friday 29 June, 2012 in Banjul, The Gambia.

Fighting economic and financial crimes under the rule of law

A book presentation on ‘Strategies and Techniques of Prosecuting Economic and Financial Crimes,’ in Abuja, Nigeria, by Abdullahi Shehu Yibaikwal, Director-General, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

Ghana seeks to address money laundering deficiencies

By William Nana Yaw Beeko (Network Organizer)

After being downgraded by the international Financial Action Taskforce (FATF) in the crusade against Money Laundering (ML) and Financing Terrorism (FT) activities, Ghana is seeking to redeem its image through the implementation of a robust Anti-Money Laundering (AML) Counter Financing Terrorism (CFT) compliance measures.

Financial institutions tasked to frustrate efforts of money launderers

Source: Globalnewsreel.com

The Director-General of the Inter-governmental Action Group Against Money Laundering in West Africa (GIABA), Dr. Abdullahi Shehu, on Wednesday charged financial institutions to map out strategies aimed at frustrating the efforts of miscreants who misuse the financial system to accrue illegal wealth.

Philippines one of 66 nations for drug money laundering—US report

The Philippines has been named by the US Department of State as one of the 66 major drug money-laundering countries in the world.

209 reports of financial fraud

Money generated from illegal activities is recycled into economic activities such as the purchase of real estate - By Ali al Kasbi - MUSCAT — Col Mohsin bin Awadh al Muqaddam, Director of the Financial Investigation Unit at the Royal Oman Police (ROP), has said that 209 suspicious financial transactions were reported last year. Investigation into the reports led to the discovery of several money-laundering crimes, in addition to related crimes like swindling, forgery and violation of the financial law and other laws.

Charged with laundering RM935,000

THE former political secretary to the Minister in the Prime Minister's Department (Economic Planning Unit) Tan Sri Nor Mohamed Yakcop was charged with 28 counts of money-laundering involving RM935,000.

Gopac-Seapac renews PHL’s anti-corruption pledge

LAST Friday, the Global Organization of Parliamentarians against Corruption (Gopac) and the Southeast Asian Parliamentarians against Corruption (Seapac) held the Philippine Chapter Workshop on Anti-Money Laundering and the United Nations Convention Against Corruption (Uncac).

South Sudan criminalizes money-laundering

The eight month old independent state of South Sudan has criminalised money laundering as part of an ongoing effort to arrest the rampant corruption in the country.