malvernmugadzikwa
Online Reporter
REGIONAL countries that make up the Asset Recovery Inter-Agency Network for Southern Africa (ARINSA) should work together in the investigation, prosecution and forfeiture of assets related to crime and corruption, Prosecutor-General Justice Loyce Matanda-Moyo has said.
She made the call at a time the National Prosecuting Authority of Zimbabwe (NPAZ) is taking part in the Anti-Money Laundering Week in Cape Town, South Africa, which started on January 22 and is expected to end on Friday.
The event, which provides a platform for global experts in combating money laundering and terrorism financing to engage, is supported by the United Nations Office on Drugs and Crime.
“The Anti-Money Laundering Week also provides a platform for sharing intelligence, expertise and best practices to disrupt money laundering and terrorism financing.
“The meeting will also focus on the challenges and progress made in the region in fighting transnational organised crime, especially the identification, tracing, freezing, seizure and ultimately forfeiture of illicit assets,” reads part of the statement from NPAZ.
“Zimbabwe, through the NPAZ, will present a paper on the legislative framework available in the country for mutual legal assistance to combat crime and corruption transcending national borders, and how these legal instruments were effectively used by Zimbabwe in collaborating with South Africa in the recovery of a helicopter that was bought with stolen state funds from Zambia.
“The case involved a high-profile politically exposed individual from Zambia.
“Forfeiture proceedings in respect of the case are currently pending.”
Online Reporter