Anti Money Laundering Blog

COMESA – the Common Market for Eastern and Southern Africa – countries have had a 3-day meeting in order to discuss a regional integration that can defy money laundering in Africa. This seminar was held at the COMESA Secretariat in Lusaka on August 8-10.

COMESA, established in 1993, held the seminar consisting of 10 participants, which are the Seychelles, Kenya, Madagascar, Tanzania, South Africa, Rwanda, Sudan, Uganda, Zimbabwe and Zambia.

According to acting COMESA Secretary General Sindiso Ngwenya, money laundering can damage the financial harmonization program if it is not blocked in an effective way.

The participants of the seminar highlighted that fruitful discussion and collaboration are necessary in order to work out a concrete policy to help the region fight the problem.

This entry was posted on Friday, August 17th, 2007 at 12:38 pm and is filed under Anti-Money Laundering News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.