South Korea jails 90-year-old woman for laundering son's drug money
The woman has been sentenced to a year in jail for laundering money for her son who is imprisoned in Cambodia.
Tag: Laundering
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West Africa: Money Laundering Remains Significant Threat to Economic Stability in West Africa – Fagbemi
Attorney-General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, has warned that money laundering, including terrorist financing, are significant threats to the stability of Nigeria’s economy and the West African sub-region. Fagbemi sounded the warning on Tuesday in Abuja at the national Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) Media…
Africa: Namibia Ranked 5th in Africa On Dealing With Money Laundering
Namibia has been ranked among the top five countries in Africa in dealing with money laundering and financial crime risk exposures. Financial Intelligence Centre director Bryan Eiseb says the country improved from a rating of 5.09 in 2023 to 4.89 in 2024, and now to 4.78 in 2025. Downward scores indicate improvement, on a scale…
Africa: Ethiopia to Convene Eastern, Southern Africa Anti-Money Laundering Group Meeting
Addis Ababa — Ethiopia has finalized preparation to host the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) meeting from 22 to 30 August 2025 in Addis Ababa. ESAAMLG will convene a series of meetings including the 25th Council of Ministers, the 50th Task Force of Senior Officials, and the 8th Public-Private Sector Dialogue (PPSD)…