Financial Crime World

Money Laundering Prevention Techniques in Seychelles Take Center Stage as UNODC Concludes High-Level Training

The United Nations Office on Drugs and Crime (UNODC) has successfully concluded a high-level training program aimed at strengthening the Seychelles National AML/CFT Taskforce’s ability to combat money laundering, illicit financial flows, and terrorism financing.

Training Program Highlights

  • The five-day training event was facilitated by Canadian Law Enforcement experts and provided advanced techniques for investigating financial crimes and managing seized assets.
  • Professionals from eight law enforcement agencies participated in a scenario-based workshop that explored the use of intelligence obtained through the Financial Intelligence Unit to structure investigations and scrutinize financial crimes.

Empowering Law Enforcement Officers

The training empowered law enforcement officers to fight against financial crimes and build a safer, more secure, and sustainable global economy. The program aimed to:

  • Enhance the capacity of financial intelligence units
  • Bolster cross-border cooperation between law enforcement agencies
  • Fortify the legal framework for prosecuting and confiscating the proceeds of crime

Key Quotes

  • “The fight against terrorism financing and other transnational organized crimes is far from over. The low rate of confiscation of proceeds from crime is empowering criminals to continue exploiting their nefarious activities while innocent victims suffer.” - Ms. Maria Temesvari, UNODC’s Deputy Regional Representative for Eastern Africa
  • “The urgent need for collective and decisive action to combat terrorism and transnational crime in Eastern Africa is evident. It is incumbent upon all stakeholders to take decisive and concerted action to address this critical issue and safeguard the security and well-being of the people of Eastern Africa.” - Ms. Magdala Turpin, Liaison Officer for the Royal Canadian Mounted Police at the Canadian Embassy in Nairobi, Kenya

UNODC Commitment

The UNODC has committed itself to:

  • Empowering financial intelligence units by enhancing their capacity to detect and prevent money laundering and terrorism financing
  • Improving cross-border cooperation between law enforcement agencies, enabling them to effectively identify, investigate, and prosecute criminals operating across multiple jurisdictions
  • Strengthening the legal framework for prosecuting and confiscating the proceeds of crime, ensuring that criminals are brought to justice and their networks are dismantled.