South Africa and Nigeria are included in the list of countries with many shortcomings in the fight against illegal financial flows and a high probability of money laundering. In this respect informs Bloomberg cited the Financial Action Task Force’s statement on Money Laundering.
According to the organization, South Africa and Nigeria do not comply with all 11 effective measures to combat money laundering and terrorist financing. These disappointing results came after a long period of corruption that developed in South Africa under former President Jacob Zuma.
The publication noted that inclusion in the gray list for South Africa poses a threat of capital and money outflows, as well as an increase in operational, administrative and financial costs for the country’s Central Bank.
The blacklisting of AAR and Nigeria puts them on par with Syria, the Democratic Republic of Congo and South Sudan, according to the agency.
On January 19, the newspaper Hospodařské noviny referred to the French National Financial Prosecutor’s Office. WroteIn France, they said they were investigating the case against Andrej Babiš, the former prime minister and presidential candidate of the Czech Republic. He is suspected of money laundering when buying real estate. According to the newspaper, we are talking about the purchase of a villa in the south of France for 14 million euros, especially with the help of offshore companies. The agreement is contained in the Pandora Papers, a collection of enrichment plans from various world leaders.