Tiawon Gongloe Warns against Money Laundering

first_imgThe Center Against Money Laundering & Terrorist Financing in Liberia (CAMTEFIL) has launched a campaign against money laundering and illegal drug trafficking in the country.Speaking at the official launching ceremony of the campaign, held recently at the Young Men’s Christian Association (YMCA) on Broad Street, Cllr. Tiawon Gongloe warned public officials to desist from laundering money and drug traffickers in the country.The ceremony was held under the theme: “Capacity Building and Sensitization Campaign against Money Laundering and Illicit Drug and Terrorist Financing in Liberia.”Cllr. Gongloe explained money laundering as a process of taking proceeds of criminal activity and making them to appear clean.  According to him, this is dangerous for any country especially Liberia that is still lacking infrastructures and development.According to Cllr. Gongloe, those infamously known for money laundering are drug traffickers, because “they are eager to generate enough money from their criminal enterprise and their intention is to put the proceeds of criminal conduct into a financial system like people who do legal businesses.”“Some time people engage into ‘white color crimes’ such as corrupt government officials when they convert public money to their own, take bribes, and also carry out money laundering at their various work places,” he stated.According Mr. Gongloe, a drug trafficker or corrupt government official could open a nightclub, a big farm, a transport business, jewelry business and the buying and selling of diamonds with the motive of transforming illegal money to legal money in the society.He stressed that the fight against money laundering is therefore morally justified, but cannot succeed without the collective efforts of all the relevant stakeholders, including law enforcement officers, as well as patriotic citizens.Cllr. Gongloe, who served as Solicitor General, explained that if drug traffickers find themselves in a country where the proceeds of their criminal activities can be easily transformed into good money, they will bring more drugs and the young people will be exposed to drug addiction.”According to him, the feasibility of corrupt officials easily depositing and withdrawing money without being questioned by law enforcers on how much money one can deposit or withdraw could support conversion of public funds into private funds and bribes taken by them into local bank easily.Also speaking, Edwim W. Harris, director, CAMTEFIL, said the fight against money laundering must be seen as a national problem that will help to reduce drug trafficking and other forms of corruption in Liberia.He explained that it was necessary for people in the government and other private sectors to display their assets so as to avoid confusion over their wealth when they leave power.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Transmission services provider Télédiffusion dAlg

first_imgTransmission services provider Télédiffusion d’Algérie has chosen Eutelsat’s 7 West A satellite to extend the reach of Algerian TV and radio channels across North Africa and the Middle East.Télédiffusion d’Algérie has taken a 72MHz transponder on the satellite at the 7°/8° West position to deliver Algeria’s existing public channels as well as new channels expected to launch as the country  opens up its TV business to private investors.The channels will be available via Eutelsat 7 West A to viewers across the Maghreb and North-West Africa. Their reach will be extended to the whole of the Middle East and the Persian Gulf with the launch in 2015 of the Eutelsat 8 West B satellite.Abdelmalek Houyou, director general of TDA, said: “Over 15 years of close collaboration with Eutelsat, we have built a solid partnership which has been boosted in the last few years by a tremendous input of technical expertise to accompany Algeria’s transition to a digital broadcasting environment. This new agreement highlights Eutelsat’s commitment to providing solutions to our developing needs, both now and in the future. Our significant requirements are driven by the ambition to extend the availability of Algerian television and radio channels beyond Algeria and to prepare for the opening up of our broadcasting sector to private ventures.”last_img read more

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first_imgShareTweet And it was a resounding success in Waterside for the former president of Derry Chamber of Trade when Mrs McLaughlin polled 1,483 first preference votes – comfortably suprassing the 1,245 quota.Also elected is the formr DUP Mayor of Derry City and Strabane District Council Alderman Hilary McClintock.She polled 1,250 first preference votes – passing the quota by five votes.Topping the poll in Waterside is Darren Ross Guy for the Ulster Unionist Party who received 1,589 first preference votes. Joy for Sinead McLaughlin as she is elected in Waterside on the first countTHE SDLP’s strong running continues today with another candidate getting elected on the first count.After Mary Durkan topped the poll on Friday in the Foyleside DEA in her first foray into politics, Sinead McLaughlin was also going before the electorate for the first time. There are now four seats up for grabs in Waterside with the SDLP’s Martin Reilly currently in fourth place with 939 first preference votes.Also polling strongly are the DUP’s David Ramsey (839 votes) and Sinn Fein’s Christopher Jackson (825 votes).But it will all be down to the transfers during next stages of the count process to see who can get to the quota first.Ulster Unionist candidate David Ross Guy tops the poll in WatersideGuy tops the poll in Waterside as McLaughlin and McLaughlin also elected was last modified: May 4th, 2019 by John2John2 Tags: Derry and Strabane Councilformer DUP MayorGuy tops the poll in Waterside as McLaughlin and McLaughlin also electedHILARY MCCLINTOCKSINEAD MCLAUGHLINlast_img read more