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GABAC ministerial meeting: activities planned for the next 28th

16/09/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Au terme du conseil des ministres qui s' est tenu on Thursday, September 12, 2024, at the Palace of the Presidency of the Republic, it was announced that the ministerial meeting of Action Group against Money Laundering in Central Africa (GABAC) will be held on September 28 in Libreville

.

The final statement mentions that “the Council of Ministers agreed to the draft budget relating to Gabon's special international financial contribution to the financing of the ministerial meeting of the Action Group against Money Laundering in Central Africa (GABAC), to be held on September 28, 2024 in Libreville”. GABAC is a specialized institution of CEMAC, in charge of promoting norms, instruments and standards for the fight against money laundering, the financing of terrorism and the financing of the proliferation of weapons of mass destruction. Its mission is, among other things, the fight against money laundering and the proceeds of crime, the financing of terrorism and proliferation; the concerted and harmonized implementation of measures appropriate to this fight in CEMAC; the evaluation of the results of the action and the effectiveness of the measures adopted; the evaluation of the results of the action and the effectiveness of the measures adopted; the assistance to Member States in their anti-money laundering policies. This institution was created by Additional Act No. 9/00/CEMAC-086/CCE 02 on 14 December 2000 in N'Djamena by the

Conference of Heads of State of CEMAC.
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