In 2012, the finance ministers of the Financial Action Activity Force (FATF), which contains 22 OSCE participating States and 3 OSCE partner countries, adopted revised requirements, typically referred to as the FATF Recommendations, to combat dollars laundering and terrorism financing.
As a people, educated or not, we have offered up our power of the vote and have been searching up to the ANC leaders to administer and corrupt that power. There is a trickled-down impact of anomie and normlessness that hi-jacks our culture, morals, norms, ideals, customs, traditions, music, dances, languages, that we appear like a poor facsimile of our former Apartheidized selves. This cascading devastation is happening to us simply because we pity ourselves, are dependent on the government and searching on up to it to deliver on their promises, which they sometimes do, but we fail to capitalize on this.
The cash laundering activity is presented as either imply overall performance of acts concatenated in time and space, point of view is reached determined objective. These actions are linked to concealment and integration. From a strategic action of organized crime, conceal and disguise are movements background the action of integration, when the ‘dirty money’ return in the economy as a legitimate investment market place. In this stage, is rarely feasible to recover the assets generated by illegal activities.
The lack of action in all these places to address the concerns of water shortages in these locations is still not becoming addressed. As an alternative, this company is busy placing up meters, as we have see that the quite very same meters ended becoming banned in England, so that, what will make them succeed in the Soweto’s of South Africa? At present, they are not seriously succeeding, and in the meantime, the residents,those who can not afford to purchase water or electrical energy, are suffering and obtaining quite restless and angry.
A Justice Department memorandum from September of 2007 noted that Teodorin’s salary as Minister of the Agriculture and Forestry paid only $five,000 per month. It is suspected that a massive portion of Teodoro Nguema OBIANG’s assets have originated from extortion, theft of public funds, or other corrupt conduct,” mentioned the document, which also detailed how among 2005 and 2007 Teodorin had funneled into the United States at least $75 million — nearly twice the amount allocated by Equatorial Guinea for its yearly national education spending budget.