8th June 2018
Ghana has decided to dissolve its national football association a day after officials, including the body’s president, were shown in a documentary taking kickbacks, the information minister said on Thursday. The two-hour documentary, “When Greed and Corruption Become the Norm” by undercover journalist Anas Aremeyaw Anas, was provided to the… Read More
11th May 2018
Gambia is selling several planes and a fleet of luxury cars bought by former president Yahya Jammeh as it seeks to reduce a mountain of crippling debt contracted during the authoritarian leader’s decades-long rule. Jammeh, who seized power in a 1994 coup, fled Gambia early last year as West African… Read More
27th January 2017
Mr Jammeh, thought to now be in Equatorial Guinea, is not the first leader accused of lining his own pockets with state funds. In fact, many have taken far more. Here are some of the worst offenders. Read More
15th December 2016
Gambian President Yahya Jammeh will be "strongly sanctioned" if he tries to stay in power, the UN's regional envoy, Mohammed Ibn Chambas, has said. Read More
28th July 2016
The Intergovernmental Action Group against Money Laundering in West Africa (GIABA) has taken further step to shield banks and insurance companies in The Gambia from being misused to launder money or finance terrorism. The sub-regional organisation on Wednesday commenced a three-day national workshop on Money Laundering and Terrorist Financing (ML/TF)… Read More
8th July 2016
President Yahya Jammeh on Wednesday at State House received the Banjul Muslim elders after the Eid prayers. He informed them about the recent arrest and dismissal of some government officials. President Jammeh spoke at length about corruption, and the offences allegedly committed by some government officials. He first mentioned the… Read More
6th July 2016
The officials are being investigated by the National Intelligence Agency, a government source said. Read More
20th May 2016
The Financial Intelligence Unit (FIU), a national agency established to combat money laundering and terrorism financing, recently held a capacity building forum for 50 NGOs across The Gambia. Read More
Must Read

EU adopts Sixth Anti-Money Laundering Directive EU 6AMLD, deadline set

Countries across the European Union will have two years to implement a new system of jail sentences and sanctions for money launderers following the formal adoption of the EU’s latest anti-money laundering directive, dubbed 6AMLD (Sixth Anti-Money Laundering Directive) on 11 October 2018. Once the directive is published in the… Read More

Anti-money laundering compliance costs hit $25 billion annually – study

The cost of AML compliance across U.S. financial services firms equaled $25.3 billion per year based on survey responses from more than 150 decision-makers at banks, investment, asset management and insurance firms, according to a new study. The report shows that smaller firms are hit hardest, relative to their bottom… Read More