In a renewed effort at the fight against money laundering and terrorist financing, the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has concluded plans to engage the civil society on sensitization programme.
Consequently, it is organizing a 3 –day regional sensitization workshop for Civil Society Organizations (CSOs) on Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) Requirement for ECOWAS member States in Lagos.
The objectives of the workshop are to actively sensitise members of the civil society to their roles in combating the twin scourges of money laundering and terrorist financing, particularly that of taking the AML/CFT message to the grassroots; assist participants to advocate policy development on AML/CFT issues; and strengthen the network of CSOs to mount a holistic and aggressive campaign on AML/CFT.
The fight against money laundering and terrorist financing is a collective responsibility of all stakeholders towards protecting the economies and financial systems of member States from the laundering of proceeds of crime. GIABA recognises the valuable contribution that civil society can make to the public policymaking process and attaches great importance to engagement and partnership with CSOs mobilising political will for AML/CFT. Fundamentally, one of GIABA’s core Strategic Goals since 2011 has been the promotion of strategic partnerships with the private sector, civil society and other key stakeholders. Increasing ML/TF awareness among civil society is crucial to empowering citizens to take appropriate action against ML/TF.