Botswana FIA Report: Corruption Accounts for P174 Million in Proceeds From CEDA, BDC
FIA report focuses on offenses reported since 2021 Corruption has surfaced as the chief predicate offense impacting Botswana’s development finance institutions, representing P174.68 million, or roughly 87 percent, of identified criminal proceeds in recent years. These insights come from a report released by the Financial Intelligence Agency (FIA), titled “Seeing the Cracks: Understanding Money Laundering, Terrorism Financing & Proliferation Financing Risks to Secure Development Finance.” The report examines the risks of money laundering, terrorism financing,... The post ‘Corruption accounts for P174 million in proceeds from CEDA, BDC’ appeared first on Weekend Post.
How does this affect you?
Get an AI analysis of this article grounded in your jurisdictions, practice areas, and any policy documents you've uploaded to Wansom.
Wansom is AI and can make mistakes.