We went back to Windhoek, Namibia in September for another week-long training for Namibian officials on money laundering and terrorist financing investigation, prosecution and asset recovery. With support from the European Union, through its Delegation to Namibia, we were honoured to be part of this second week of training. The first week of training was held in July, in Windhoek.
The backdrop for the first and this second round of Training was the grey listing of Namibia by the Financial Action Task Force (FATF), in February.
This assistance provided by the European Union through the AML CFT ESCAY Project is expected to assist Namibia to sufficiently implement relevant action plans and to enhance Namibia’s compliance with the relevant Financial Action Task Force (FATF) Standards and thereby exit the grey list as quickly as possible.
This second training built on the foundation laid by the first in July. In July, the participants learnt about the Concepts and process of financial intelligence analysis, Information evaluation, strategic analysis, Effective use of intelligence – that is, converting intelligence into evidence and on esaamlg good practices and guidelines on financial intelligence analysis.
In the second round, the training focussed on Financial Action Task Force (FATF) standards and requirements on Money laundering and terrorist financing investigation and prosecution; the Techniques and tools of Money laundering and terrorist financing investigation; Parallel financial investigation, Asset tracing, freezing and confiscation, Multiagency cooperation and information sharing among many other relevant topics.
The AML-CFT ESCAY Project was thankful for the support provided by the Namibian Financial Intelligence Centre in jointly organising the training. Silke Höfs, programme officer at the EU Delegation to Namibia graced the opening ceremony, together with Gerrit C Eiman, the Deputy Director of Namibia’s Financial Intelligence Centre.
Leading the project team in Windhoek was Frederic Bayard, the project team leader and Tuemay Aregawi, the Project’s Senior Technical Advisor.
We were also very lucky to have highly experienced trainers for the week, Jacinta Oduor and Muluken Yirga Dubale of ESAAMLG.
