Wednesday, September 23, 2020

BoB circulates list of suspected terrorist assets

The Bank of Botswana has listed suspected terrorist assets and informed all banking institutions in the country by circulating an updated list of suspicious accounts. ÔÇô This is contained in a Botswana country report on terrorism released by the U.S. Office of the Coordinator for Counterterrorism this week.

It emerged in the report that Botswana established its National Counterterrorism Committee to address issues pertaining to terrorism and weapons of mass destruction and regularly participated in Antiterrorism Assistance (ATA) Programs offered at the International Law Enforcement Academy in Gaborone. The Botswana Defense Forces designated a squadron as its counterterrorist unit and several of its officers had counterterrorism training. Although Botswana has no Financial Intelligence Unit, the Directorate on Corruption and Economic Crimes has a dedicated unit investigating suspicious transactions.

As a member of the Southern Africa Development Community’s (SADC) Organization on Politics, Defense, and Security, Botswana was responsible for the organization’s counterterrorism efforts. SADC capabilities and its efforts in fighting terrorism were limited, however.

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The Telegraph September 23

Digital edition of The Telegraph, September 23, 2020.