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toubab1020
12306 Posts |
 Posted - 29 Jul 2016 : 20:21:47
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This from Foroyaa.
EditorJuly 19, 2016
The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) will organise the 9th Edition of its Open House Forum at the Paradise Suites Hotel in Banjul, The Gambia, on Tuesday, July 26, 2016. The objective of the Open House Forum is to mobilize youths against organized crime, including money laundering (ML) and terrorist financing (TF), by targeting their attitudes, behaviors and beliefs. The 2016 Edition will also provide an opportunity for youths to embark on advocacy by helping to disseminate anti- money laundering and counter financing of terrorism (AML/CFT) messages to their peers and political decision-makers, thereby becoming important policy advocates.
Organised crime, has become a major threat to development and security in the region. Protecting the youths and guaranteeing them a future in an economically prosperous region have become priorities for ECOWAS in the wake of regional integration. Developing the capacity of the youth and empowering them for future leadership would require concerted efforts at both national and individual levels. These youths therefore need to be educated and sensitized to the essence of combating organized crime in all its forms and ramifications.
In its efforts to involve all stakeholders in the fight against money laundering/terrorist fianancing in West Africa, GIABA has been organising Open House Fora for youths since 2007. The outcomes of the previous editions revealed a huge gap, in terms of capacity, among the various strata in the society on issues relating to AML/CFT, hence the need to improve on capacity building for youths in member States in order to enhance their understanding of AML/CFT regimes, thereby positioning them as champions of good governance.
Over one hundred youths are expected to attend the 9th Edition on the theme “The Role of Youths in Combating Transnational Organized Crime.” The target audience of the Open House will be youths from universities and institutions of higher learning, sports and cultural associations, youth groups and religious associations. Other secondary beneficiaries will include representatives of civil society organisations and associations, banks, insurance companies, media houses, the diplomatic corps, etc.
At the end of the event in Banjul, it is expected that the youths would constitute a well-organized and highly sensitized alliance against money laundering/terrorist financing; that the number laundering/terrorist financing of people, particularly youths, that have a thorough understanding of the consequences of would increase; and that there would be more effective collaboration in AML/CFT efforts.
GIABA Press release
© 2016 Foroyaa Newspaper (The Gambia)
http://www.foroyaa.gm/archives/11237
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"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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toubab1020
12306 Posts |
Posted - 30 Jul 2016 : 13:29:06
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This is The Point's take on the same topic,such "sentisation" information and discussion must be good progress in a nation's development,together with enhanced opportunities in employment.
Wednesday, July 27, 2016
The daylong forum on money laundering and terrorism financing held yesterday in Gambia by the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) targeted the right segment of the society, the youth.
The full and active participation of youth in the fight against the twin crime of money laundering and terrorist financing (ML and TF) is almost indispensable.
This is so because most of the criminal acts of money laundering such as drug trafficking, prostitution, kidnapping, advance fee fraud (419), currency counterfeiting and migrant smuggling are mainly perpetrated by those in their youthful ages.
In addition, they are highly susceptible and vulnerable to money laundering crimes as highlighted by the director general of GIABA.
To corroborate that, the Gambia’s Minister of Justice has also pointed out that Gambian youths are “increasingly becoming vulnerable” to the commission of transnational crimes of money laundering.
These make it all the more important to engage the youth in the fight against money laundering to make them know its consequences on the society and the economy of the nation as well as make them know their responsibility to join in the all-out-war in combating the menace.
The youths are a critical segment of the population that a country cannot afford to neglect in the fight against ML and TF.
They deserve particular attention as they are increasingly becoming vulnerable to the commission of transnational crimes and as such there is the need to prevent them from falling prey.
Therefore, GIABA’s open house forum for youth is a commendable initiative in improving the capacities of the future leaders to better position them in championing the fight against ML and TF.
The youth themselves must now take the baton and lead in the fight against money laundering to prevent it from discouraging their innovativeness and productivity.
Imagine, for instance, where a school dropout or any youth for that matter should involve in illicit drug trafficking, a money laundering offence, making as much money within one month than the combined annual salary of three senior civil servants in the country.
When other youths see this drug trafficker living large, they will, without doubt, be tempted to stop whatever education or other legal enterprise they are involved in to venture into drug trafficking to make quick fat money. This damages the youth themselves first before destroying the social fabric of the society.
Therefore, the youth owe it to themselves, first and foremost, to not allow themselves to continue to be vulnerable to money laundering but to be vanguard in combating its scourges, so as to lead a more fruitful and ensure a safe and steady growth of the national economy.
“Whoever is detected in a shameful fraud is ever after not believed even if they speak the truth. ”
Phaedrus (I never heard of him either  But look at this link & you will know about him  :
https://www.britannica.com/biography/Phaedrus-Roman-fabulist
http://thepoint.gm/africa/gambia/article/empower-youths-not-to-be-vulnerable-but-vanguards-of-fighting-money-laundering
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"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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Edited by - toubab1020 on 30 Jul 2016 13:40:59 |
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Money Laundering & Terrorist Financing.
