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Financial crime: Women would be more involved in money laundering

13/12/2023
Categories: Compliance

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The ECOWAS Commission and the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) jointly organized a session on the involvement of women in financial trafficking, including trafficking for the benefit of criminal and terrorist organizations. The meeting took place on Tuesday in Lomé.

More agile and less suspicious than men, women are an important link in the dirty money circuit, according to Barros Bacar Banjai, the ECOWAS representative in Togo. He emphasizes that women are not only victims, but also actresses. They are often involved in money laundering operations, scams, drugs, terrorism, women are active in these sectors. The three-day meeting in Lomé should define a framework for the integration of gender into policies aimed at combating these phenomena

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