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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Ministerial Committee of the Intergovernmental Action Group against Money Laundering in West Africa (GIABA) met on Saturday, May 22, at the 2 February Hotel in Lomé, in virtual and face-to-face sessions. The opening of the proceedings was chaired by the Prime Minister, Victoire Tomegah-Dogbé, who demonstrated the commitment of the Togolese authorities to the issues of the Fight against Money Laundering and the Financing of Terrorism (AML/CFT) in the sub-region.
The ministers responsible for GIABA adopted the reports produced by the technical commission which had completed its work the day before as well as those prepared by the GIABA secretariat. The most important decision was the adoption of Benin's mutual evaluation report.
This meeting was also an opportunity for the responsible ministers to assess the results achieved by the GIABA Secretariat and the Member States in the implementation of preventive and repressive measures to combat Money Laundering and the Financing of Terrorism (AML/CFT) during the period under review. Finally, the committee examined the memorandum on the GIABA efficiency improvement programme, initiated by the Financial Action Task Force (FATF), involving Member States and the role of the Ministerial Committee.
On the occasion, Prime Minister Victoire Tomegah-Dogbe noted that the security environment of the West African sub-region is increasingly marked by terrorism and organized crime. That is why, she will say, GIABA needs the continued support of governments.
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