DEC Officers Participate in Workshop on Combatting Trade-Based Money Laundering
Officers from the Drug Enforcement Commission (DEC) are currently engaged in a critical workshop focused on combatting trade-based money laundering. Organized by the United Nations Office on Drugs and Crime (UNODC) in Lusaka, the workshop is a vital initiative aimed at enhancing the capabilities of law enforcement agencies in tackling one of the most complex forms of financial crime.
The event was officially opened by DEC Director-General, Mr. Nason Banda, who underscored the importance of collaborative efforts in the fight against money laundering. In his remarks, Mr. Banda highlighted that while DEC is fully committed to combating money laundering, an inter-agency approach is essential for success.
“We cannot tackle money laundering alone,” Mr. Banda stated. He emphasized the need for cooperation among various agencies to ensure not only successful convictions but also the forfeiture of assets, which is crucial in dismantling criminal enterprises.
Mr. Banda also stressed the importance of continuous capacity building, noting that such workshops provide officers with international insights and strategies to stay ahead of evolving money laundering tactics.
Also speaking at the event, Director of Public Prosecutions (DPP), Mr. Gilbert Phiri, expressed his gratitude to the UNODC Regional Office for its unwavering support in organizing the workshop.
Mr. Phiri pointed out that trade-based money laundering is among the least understood and most under-enforced forms of money laundering. He warned that transnational criminals often exploit the complexities of international trade, making it imperative for law enforcement agencies to be vigilant and well-informed in their responses to these sophisticated schemes.
Other prominent officials in attendance included Attorney General Mr. Mulilo Kabesha, SC, Accountant General Ms. Nsandi Manza, a representative from the American Embassy, Mr. Spencer Driscoll, and UNODC Country Coordinator Ms. Liya Tembo.
The workshop aims to equip professionals from various institutions with the knowledge and expertise needed to address money laundering challenges on a global scale, reflecting the significance of international cooperation in combating financial crimes.
