Press Release

MEMBER STATE AMBASSADORS, TECHNICAL AND FINANCIAL PARTNERS AND THE MEDIA IN THE SPOTLIGHT FOR 48 HOURS IN DAKAR

Briefing SESSION AND World  PRESS CONFERENCE

As money laundering and the financing of terrorism represent a major threat to the stability, security and development of West Africa, the Intergovernmental Action Group against Money Laundering in West Africa (GIABA), a regional body and leader in the coordination of regional initiatives to fight against money laundering and combatting the financing of terrorism (AML/CFT), is stepping up its activities with all stakeholders to strengthen the integrity of the economic and financial systems in its 17 member states.

As part of this effort, the institution is organizing a series of activities from 13 to 14 June 2024 in Dakar, Senegal, for ECOWAS ambassadors, technical and financial partners and the West African media.

13 June 2024 will be devoted to the Annual Session  of ECOWAS Member States Ambassadors ‘briefing and technical and financial partners. On this occasion, the GIABA Annual Report 2023 will be presented to the public. This will be followed by a World Press Conference with media representatives from 15 ECOWAS Member States.

Friday 14 June 2024 will be devoted to training the 40 or so invited journalists on various topics relating to crucial issues such as the role of the media in awareness-raising and prevention, vulnerabilities linked to corruption and tax fraud, and the importance of the transparency of beneficial owners in the AML/CFT system.

The main aim of these 48-hour activities is to foster the synergy between GIABA and the stakeholders (diplomatic corps, national authorities and the media), in order to promote a comprehensive and integrated approach to anti money laundering and combating the financing of terrorism in West Africa.

The aim will also be to provide the invited target audiences with more information on the life of the Institution and on new developments in the global fight against money laundering (ML) and the financing of terrorism (FT). This will contribute to better understanding, ownership and commitment to AML/CFT. The media, for their part, will be better equipped to inform and raise awareness among other stakeholders about the emerging risks in this area and encourage the adoption of best practices for a healthy and prosperous economy.

This meeting reflects the unwavering commitment of GIABA and ECOWAS to protecting the integrity of financial systems and promoting peace and sustainable development in the region.

These annual activities arise from the institution's various Strategic Plans, which recommend information and communication programmes for all stakeholders and development players. They follow on from those held in Dakar in December 2023.

The meetings will be attended by line ministries, national stakeholders, ambassadors from ECOWAS Member States and other States accredited to Senegal, representatives of the institution's technical and financial partners, civil society and leaders of media outlets from the 15 Member States.

For further information, please contact: abidjan@giaba.org/dtraore@giaba.org/ basikiratou@giaba.org/ stiensbande@giaba.org

 

 

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