Inter-Governmental Action Group against Money Laundering in West Africa , asks government to act in the relevant areas of the fight against money laundering for the integrity of economic and financial systems of the region.
The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), through its Director General Edwin Harris Junior, has asked governments of member states to act in the relevant areas of the fight against money laundering and terrorist financing for the integrity of economic and financial systems of the region.
Speaking in Dakar, Senegal, at the Ambassador Briefing Session and World Press Conference, Harris stated that the sustained action of governments will strengthen the anti-money laundering and countering terrorism financing regimes in member countries.
He explained that the West African space is highly vulnerable to money laundering and terrorist financing, and without a strong political commitment to combat it, the negative impacts on the region’s economies will be enormous.
According to the director, GIABA continues to engage all stakeholders daily to improve awareness and enhance stakeholders’ understanding of the issues in line with the core objective of the GIABA 2023-2027 Strategic Plan which focuses on sensitizing all the various targeted audiences.