Botswana joins Anti-Money Laundering

Last week, the Parliament of Botswana tabled a Financial Intelligence Bill that is aimed to provide a comprehensive legal framework to fight money laundering.

The bill was tabled by Finance and Development Planning minister Baledzi Gaolathe. According to the Minister, this bill is also aimed to establish a Financial Intelligence Agency that will receive, analyze and disseminate information to stakeholders.

It should be noted that these objectives are in line with the Botswana government’s commitment to contribute to international efforts to fight money laundering and terrorist financing.

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