Revelations by the Financial Intelligence Centre that its staff members are under siege from criminals who are trying to influence the shutdown of the institution so that they can freely conduct money-laundering activities, are nauseating says Green Party President Peter Sinkamba. The Financial Intelligence Centre (FIC) disclosed that week that in the last nine months, the centre recorded 35, 783 suspicious cash transactions involving over US$ 1 billion, which are linked to corporate and individual bank accounts, and for this reason the suspects are scheming removal of senior officials and shutting down the institution. Sinkamba said the FIC played a key role in combating financial crimes, but regretted that the agency was not empowered to prosecute. “FIC is the sole…...

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