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Mozambique and Rwanda to Exchange Information to Combat Money Laundering

Mozambique and Rwanda to Exchange Information to Combat Money Laundering

The Mozambican and Rwandan authorities have signed a memorandum of understanding to exchange information on combating money laundering.

The Mozambican and Rwandan authorities will exchange information on combating money laundering, according to an agreement between the two countries’ financial intelligence institutions, a Mozambican government source told Lusa.

At issue is a memorandum of understanding initialled on Friday in Kasane, Botswana, between Rwanda’s Financial Intelligence Centre (FIC) and Mozambique’s Financial Information Office (GIFIM), on the sidelines of meetings of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) in Kasane, Botswana.

“The authorities will co-operate by exchanging information or financial intelligence (…), spontaneously or upon request, which may assist in the investigation of person(s) suspected of having engaged in money laundering, terrorist financing, financing the proliferation of weapons of mass destruction or related criminal activities,” justifies the text of the memorandum of understanding.

The agreement, signed by the director-general of the FIC, Jeanne Pauline Gashumba, and the director-general of GIFIM, Aurélio Matavele Júnior, also aims to “develop, expand and improve the cooperation framework” between the two authorities “and create a mutually beneficial relationship”.

Lusa

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