The Minister for the Interior, Mohammed Mubarak Muntaka, has called for a review of Ghana’s anti-money laundering laws to tighten regulations against illicit financial activities.
At a meeting with the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) and the Financial Intelligence Centre (FIC), Muntaka emphasized the need for stronger enforcement mechanisms and greater collaboration among institutions to combat financial crimes.
Director-General of GIABA, Edwin Harris, commended Ghana’s efforts in strengthening its anti-money laundering framework, particularly with the passage of the Anti-Money Laundering Act, 2020 (Act 1044), but stressed the importance of continuous improvements.
The meeting was attended by Deputy Interior Minister Okletey Teilarbi, Acting Chief Director of the Ministry Doreen Annan, and Acting Chief Executive Officer of FIC Albert Kwadwo Twum Boafo.
