Mozambican authorities have found that kidnapping crimes affecting the country have generated at least $33 million (€30.5 million) in money laundering since 2014.
The data is contained in the Strategic Analysis Report (RAE) prepared by the Mozambique Financial Information Authority (GIFiM), to which Lusa had access this Wednesday, for the period from January 2014 to May 2024, during which “communications and information” in this department of the Ministry of Economy and Finance, as well as “information and intelligence reports” were analyzed.
The paper analyses money laundering, “as a result of the crime of kidnapping/abduction of a person”, through “the introduction of funds into the financial system using cash deposits in instalments/splits”.
Author: Lusa
Source: CM Jornal
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