An international meeting on money laundering opens in Blantyre Wednesday where participants are expected to identify possible methods of combating money laundering in Malawi.
Lawyer Jai Banda from Sacranie Gow & Company, who is the coordinator of the workshop, said in an interview Monday the workshop has been organised by the Institute of Security studies (ISS) based in South Africa.
“All nations are putting up anti-money laundering regimes and in order for Malawi not to be the weakest link, we need to put in regulatory measures to counter money laundering,” said Banda.
He said the objectives of the workshop include developing an appreciation among stakeholders of the situation in Malawi regarding money laundering and also highlighting the challenges to be overcome in the process and suggest ways of achieving the money laundering problem.
Banda said the workshop will bring together high profile individuals from the public and private sector including members of parliament..
According to the programme, minister of justice and constitutional affairs Henry Phoya is expected to open the meeting while Director of Public Prosecutions Ishmael Wadi will present a paper on Integrated Law Enforcement.
The other speakers at the workshop include Charles Mhango, president of the Malawi Law Society, Alex Nampota former deputy director for the Anti-Corruption Bureau and Charles Goredema and Nomzi Gwintsa from ISS.
Investigative journalist for Nation Publications Limited Mabvuto Banda will also present a paper at the workshop.
Other personalities expected at the workshop include Deputy Commissioner of Police Tumalisye Ndovi, Wayne Blackburn from the East and Southern Africa Money Laundering Group (ESAAMLG), Catherine Kasambala from Stanbic Bank and Anti-Corruption Bureau (ACB) director Gustave Kaliwo, among others.
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