As part of its efforts to stamp out money laundering and other related crimes in West African countries, the inter-Governmental Action Group Against Money Laundering in West Africa (GIABA) will Thursday, 28 June, commence a two-day training for English-speaking journalists in West Africa.
According to a press statement, received here by PANA Monday from the Gambian Department of Information Services, the training, which will take place in Banjul, will last from 28 to 29 June.
It is aimed, among other things, to train competent and experienced journalists with general knowledge on money laundering and financing of terrorism (ML/FT) framework.
This will equip participants with the skill to produce quality reports, articles and features on money laundering and related issues, and to improve the network of journalists who will disseminate truthful information on the issue.
The press statement added that the training was in line with the core mandates of GIABA, established by the Authority of Heads of State and Government of ECOWAS in 2000. The mandates are to protect the economies of member states from effects of money laundering among other heinous crimes within the sub-region and beyond.
Money laundering is a complex phenomenon generating serious consequences on political, social, economic among other development objectives of countries across the globe, because it facilitates crimes and corruption which are antithetical to sustainable development.
It is the generic term used to describe the process by which criminals disguise the original ownership and control of the proceeds of criminal conduct by making such proceeds appear to have derived from a legitimate source