FIC nets N.dollars 142 million worth criminal assets

Contributed by NAMPA.

By Edward Mumbuu Jnr
WINDHOEK, 19 MAY (NAMPA) – The Financial Intelligence Centre (FIC) intercepted and aided the recovery of criminal proceeds worth N.dollars 142.4 million during the 2020/21 financial year, a report shows.
The FIC also analysed dodgy transactions valued at N.dollars 3.8 billion, which are still under investigation by various law enforcement agencies.
The details are contained in a dossier availed to Nampa by the centre recently, which was presented by FIC’s acting dir ...