Financial Crime World

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Directorate of Public Security: Second Quarter Report

Strengthening Cooperation Against Money Laundering and Terrorism Financing

In its ongoing efforts to combat money laundering and terrorism financing, the Directorate of Public Security has published its second quarter report for 2022. The report highlights significant achievements in strengthening international cooperation and promoting a robust financial system.

Key Highlights

  • Investigations: The 1st Investigating Chamber of the Economic and Financial Judicial Pool has seen a notable increase in investigations, with 63 cases reported during the second quarter.
  • Judicial Activities: Statistics show a steady rise in judicial activities, with 65 cases handled during the same period.
  • Orders for Seizure: Judicial authorities issued 69 orders for seizure between 2019 and 2021, demonstrating the effectiveness of anti-money laundering measures.

International Cooperation

The Directorate has strengthened its collaboration with international partners to combat money laundering and terrorism financing. Key highlights include:

  • Extraditions: Between 2019 and 2021, extraditions were made through international police cooperation in the execution of arrest warrants.
  • Requests for Information: The National Agency for Financial Investigation (ANIF) has received requests for information from other Financial Intelligence Units (FIUs) and responded accordingly.

Compliance with FATF Recommendations

The report highlights Chad’s compliance with the Financial Action Task Force (FATF) recommendations, which are essential in combating money laundering and terrorism financing. The country has made significant progress in implementing anti-money laundering measures and promoting a robust financial system.

Conclusion

In conclusion, the Directorate of Public Security remains committed to strengthening international cooperation and promoting a robust financial system in Chad. This report demonstrates the effectiveness of our efforts in combating money laundering and terrorism financing. We will continue to work closely with international partners to ensure the integrity of our financial system and prevent illicit activities.

Full Report Available Upon Request

Please contact us for access to the full report, which includes detailed statistics and analysis on the country’s progress in combating money laundering and terrorism financing.