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Combating money laundering: the Cameroonian President creates a coordination committee by decree

02/11/2023
Source : ORISHAS FINANCE
Categories: Sectors

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It was on Monday, October 30, 2023, that the Cameroonian President created, by decree, a committee to coordinate national policies to combat money laundering, the financing of terrorism and the proliferation of weapons of mass destruction.

A national policy coordination committee, the newly created body, is under the supervision of the Ministry of Finance. She will be responsible for developing effective strategies to combat money laundering and terrorist financing, which cause the State to lose important resources. President Biya's decree is signed to strengthen the fight against money laundering, while Cameroon is classified on the Biya gray list

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