Sunday, April 29, 2012

GIABA To Hold World Press Conference

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) will hold a World Press Conference, bringing journalists and media executives from various media houses within and outside the West African region on 27-28 April, 2012, at Radisson Blu Hotel, Dakar, Senegal GIABA, a specialized institution of the Economic Community of West African States (ECOWAS) as well as Financial Action Task Force-Styled Regional Body (FRSB) was established by the Authority of Heads of State and Government of ECOWAS in the year 2000 with the mandate to protect the national economies and financial system of member States from abuse and laundering the proceeds of crime, in an email made  available to Mansa Banko

GIABA recognizes the importance of the media in raising public awareness in the areas of money laundering and terrorist financing, and has devised different strategies in sharing necessary information with the press, one of which is the periodic 
press briefing. 
The World Press Conference seeks to raise awareness of the ills of money laundering and terrorist financing and the need to report on financial crimes; as well as provide documentation and research materials to assist journalists in their reporting. 
The high point of the event would be on a presentation of GIABA’s activities and scorecard by the Director General, Dr. Abdullahi Shehu and the presentation of the 2011 GIABA Annual Report. This gives members of the Press a tool to report on the scourges of money laundering and terrorist financing in the West African economies. This will also assist them in their duty to carry out investigative journalism on typologies trends and practices. 
It is expected that at the end of the conference the media would be better aware and equipped on money laundering and terrorist financing issues and hope to enhance coverage on financial crimes investigative reporting in member States, as well as lead to improved knowledge of the citizenry on the problems of money laundering and terrorist financing. 

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