Financial Crime World

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Tanzania’s Fight Against Money Laundering and Terror Financing

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The Tanzanian Police Force and Auxiliary Services Act has identified the main agency responsible for investigating money laundering and terrorist financing offenses, with the Criminal Investigation Department (CID) playing a crucial role in combating these crimes. The CID’s Crime Intelligence Unit is also tasked with assisting other operational components within the police to combat crime effectively.

Under the auspices of the Ministry of Home Affairs, the National Counter Terrorism Center was established in 2008 to educate Tanzanians about the threat of terrorism. Meanwhile, the Director of Public Prosecutions under the Office of the Attorney General (Discharge of Duties) Act, 2005 is responsible for coordinating investigation duties conducted by investigative organs, including the Police Force.

Sanctions Regime

Tanzania enacts implementing legislation when sanctions or embargoes are set by international organizations such as the United Nations, African Union, Southern African Development Community, and East African Community. The most frequently applied measures include:

  • Arms embargoes
  • Financial sanctions
  • Travel bans
  • Import/export bans

The Financial Intelligence Unit maintains a list of sanctioned individuals and entities, while the Anti-Money Laundering Act provides for individual persons or groups/associations of persons, corporate bodies, or bodies as targets of sanctions. The Ministry of Finance does not have a licensing or authorization system in place but may grant exemptions on particular activities, transactions, or types of transactions from the financial sanctions regime.

Consequences and Regulators

Breach of financial or trade sanctions law can result in the commission of a criminal offense punishable by:

  • Imprisonment
  • Fine
  • Both

The main regulators of the sanctions regime are:

Regulators’ Contact Information

  • Financial Intelligence Unit:
    • Madaraka Street, P. O. Box 5145, 11468 Dar es Salaam, Tanzania
    • Phone: [insert phone number]
    • Email: info@fiu.go.tz
  • National Multi-disciplinary Committee on Anti-Money Laundering:
    • Prevention and Combating of Corruption Bureau (PCCB), P. O. Box 1175, Dodoma, Tanzania
    • Phone: [insert phone number]
    • Email: rbcdodoma@pccb.go.tz
  • Director of Public Prosecution Office:
    • P. O. Box 1733, Dodoma – UDOM, Tanzania
    • Phone: [insert phone number]
    • Email: dpp@nps.go.tz

Disclaimer

The information contained in this article is intended as a guide only and should not be relied upon as legal advice. It is recommended that readers seek appropriate legal counsel for specific guidance on the sanctions regime in Tanzania.