Speaking at the Dinokeng Game Reserve outside Pretoria, Yellen told South African officials that the new task force aims to boost information sharing between the two country’s financial intelligence units and to strengthen controls to combat money laundering and terrorist financing.
Grey-listed countries are subject to greater monitoring by the FATF on concern they are at higher risk for money laundering and terrorist financing. “To help save wildlife populations from further poaching and disrupt the associated illicit trade, we must ‘follow the money’ in the same way we do with other serious crimes,” Yellen said.
The work includes identifying and seizing the proceeds generated from the illegal wildlife trade and impeding the money laundering and cross-border transactions of transnational criminal organisations often involved in corruption, she said.
South Africa is going to steal the money USA Treasury!!!! Don't agree any alliance with them!!! They're a scam!
𝗦𝗹𝗮𝘁𝗲𝗿 𝗛𝗼𝗽𝗲 Can't talk now. 𝘞𝘩𝑎𝑡𝑠𝘈𝑢𝑡𝑜
Did a certain SAn not dealt in wildlife with US dollars in recent years, just wondering.
I hope they interrogated the issue of PhalaPhalaFarmGateCriminal because it speaks to exactly what they are trying to adress, if not, this is just about countering Russia and China influence
They should leave our country alone those colonial are pathetic and disgusting US