Mozambique: Nyusi condemns destruction of infrastructures
Mozambique strengthens laws against money laundering and terrorist financing
3:57 CAT | 13 May 2022
Image: Lusa
The Assembly of the Republic of Mozambique yesterday generally approved amendments to the Law on Money Laundering and Terrorist Financing aimed at strengthening the regulatory framework for preventing and combating this type of crime.
The modifications were approved by consensus among the three benches of parliament.
In substantiating the need for the review, the Minister of Justice and Religious Affairs, Helena Kida, said that the changes aimed to prevent the financial system and economic institutions from being used for covert purposes.
“Mozambique is cruelly and directly suffering a terrorist invasion,” Kida noted, referring to the attacks by armed groups in Cabo Delgado province, northern Mozambique.
Kida added that the changes would also allow Mozambique to act quickly in implementing United Nations resolutions to freeze assets.
The review, she continued, places Mozambican legislation on the matter on a level with regional and international legal standards.
The bench of the Mozambican National Resistance (Renamo), the country’s main opposition party, appealed for the changes to the law not to be used by the institutions of the administration of justice against fundamental rights and freedoms.
“May institutions always remember that Mozambique is a rule of law and that it is based on the law, so their actions must be covered by law,” Renamo deputy Eduardo Namburete said.
For its part, the bench of the Frente de Libertação de Moçambique (Frelimo), the ruling party, said that the country now had more incisive legislation in the fight against money laundering and terrorist financing.
“The present proposal to revise the law has the merit of vigorously preventing and combating transnational organized crime, especially money laundering and the financing of terrorism, which are extremely serious evils that threaten our country,” said Frelimo deputy Osório Soto.
The Mozambican Democratic Movement (MDM), the third party, did not comment on the issue, despite voting in favour of the law in general.
Instead, MDM deputy and spokesman Fernando Bismarque used the time allocated to his bench to condemn the recent reports according to which about 7,000 “ghost soldiers” were registered on the payroll of the Mozambican army, as part of an embezzlement scheme.
The vote on the proposal in specialty will be held next Wednesday.
Source: Lusa
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