The technical commission of the Inter-State Group to Combat Money Laundering and the Financing of Terrorism in West Africa (GIABA) started its extraordinary plenary last Friday in Saly-Portudal.

Chaired by the Director General of GIABA, Kimelabalou Aba from Togo, the official ceremony recorded the presence of the heads of the Financial Intelligence Units (FIUs) and the national correspondents of GIABA in its member states, among others. The objective is to assess the level of commitment and the progress made by the countries that were evaluated, namely Burkina Faso, Cape Verde, Ghana and Senegal in 2016, 2017 and 2018

According to Kimelabalou Aba, the purpose of the extraordinary session is to make up for activities that could not be organized during the last year due to the Covid-19 pandemic. According to him, the aim is to assess the progress made in implementing the recommendations made in the mutual evaluation report in the light of the shortcomings that have been identified in their legal and institutional systems for combating money laundering and terrorist financing (LBC/FT). These mutual evaluations were conducted in light of the 40 recommendations of the Financial Action Task Force (FATF) and the 11 immediate results, which are performance criteria