34.5 C
Sierra Leone
Saturday, January 28, 2023

EU Ambassador Warns Government

HomeAYV NewsEU Ambassador Warns Government

EU Ambassador Warns Government

Date:

Related stories

ReNIP to Hold Lower-Level Elections This Weekend

The Republic National Independent Party (ReNIP), will tomorrow 28th...

Multi-Purpose Biometric Identity Cards Set to be Launched

His Excellency President Dr Julius Maada Bio will officially...

Health Ministry Engages AYV Staff on the Need for COVID Vaccination

The Health Education Division at the Ministry of Health...

Parliament Votes Against Annulment of Public Elections Rules

Following a motion brought by the Leader of the...

 

Ambassador Vens added while addressing AML/CFT issues that it is therefore becoming increasingly relevant for Sierra Leone to attract more foreign direct investments.

The EU Ambassador made this statement on Monday 15th April, 2019 at the opening of the fourth EU/GIABA sponsored awareness raising workshop for Lawyers, Notaries Public, Real Estate Agents and Car Dealers on AML/CFT. The three-day exercise is ongoing at the Atlantic Lumley Hotel in Freetown.

Ambassador Vens further explained that his organization is committed to supporting countries in building fences against money laundering and the financing of terrorism through AML/CFT standard. He maintained that they know that these global challenges cannot be resolved by countries working alone.

The Ambassador added that money laundering is the processing of criminal proceeds to disguise their illegal origin, and the financing of terrorism are serious problems that affect all societies. “That can only be tackled if we work effectively together as a global community,” he noted.

The former Director of Financial Intelligence Unit (FIU), Mr. Ahmed B. Kamara was given the opportunity to serve as the keynote Speaker.

“This is the fourth EU/GIABA sponsored workshop in a quick succession since the new leadership at the FIU was installed in February 12th this year,” the former FIU Director said.

Business News

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

NPPA Releases First Quater 2023 Public Procurement Price Norm

The Board, Management and Staff of the National Public Procurement Authority (NPPA), with appropriation to the Government of Sierra Leone through the Ministry of...