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Thursday, February 9, 2023

Deputy Minister Fights Terrorism

HomeAYV NewsDeputy Minister Fights Terrorism

Deputy Minister Fights Terrorism

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She lamented that persons engaged in crime would flood the economy with tainted funds only for the purpose of money laundering. She also said money laundering and terrorist financing have the propensity to create an atmosphere conducive to the breeding of criminals thereby undermining state security.

She stated that she is aware of the several challenges that beset AML/CFT regime, adding that the campaign against money laundering and terrorism financing is a collective one which the country must win.

Also speaking was Director of the Financial Intelligence Unit (FIU), Mohamed Kenewui Konneh who called for collaboration in the fight against money laundering and financing of terrorism.

He informed his audience that members of the gaming industry, non-profit organizations, certified accountants and betting companies have a distinct and vital role to play in combating money laundering and countering the financing of terrorism.

Mr. Konneh went on to inform the gathering that money laundering and terrorism financing are referred to as twin evils, and are serious global problems that do not only threaten the global financial system, but also have the potential to undermine the security and stability of the world.

He maintained that the seriousness of this prevailing problem cannot be ignored. “We cannot afford to slow down in this fight and we are mindful of the fact that we cannot do it alone,” Director Konneh appealed to his audience.

He used the opportunity to express his gratitude to GIABA and the European Union for their relentless partnership and for continuing to play a vital role in the fight against money laundering and the financing of terrorism in Sierra Leone.

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