sharp improve in cash laundering in 2021

In Madagascar, the annual report of Samifin, the group that tracks unlawful funding, revealed that greater than 1,800 billion Ariarians had been washed away by 2021, that’s, thrice greater than by 2020. How can this hope be defined when considered one of the flagship guarantees made by Republican President Andry Rajoelina 2019, was “zero tolerance for corruption”?

as reported from Madagascar, Laura Verneau

It’s time for annual stories and steadiness sheets. The battle in opposition to corruption isn’t any exception to this rule than a non-application of present legal guidelines. For instance, the Illicit Asset Recovery Agency has solely been lively since final week, as its director had thus far not been appointed by the CEO, she mentioned.

According to her, “this vacancy has also helped to promote this laxity and the proliferation of fraud and tax evasion. While the state talks about zero tolerance for corruption, we have not seen any concrete measures in this direction and the report of the late Sami shows that the situation has worsened ”.

Illegal exports of gold, embezzlement of public funds, waste of mining sources … as many arguments as Samifin recommend to clarify the extent to which the scenario on the Big Island has deteriorated. The fall in visitors of 73.5 kilos of gold, in December 2020, had made headlines particularly.

A legislation that shouldn’t be sufficiently enforced A supply near the PAC (Anti-Corruption Pole) additionally claims that the appliance of the legislation is inadequate or poorly understood. Adopted in July final 12 months and carried by a substitute for almost all, eradicating essential privileges for the battle in opposition to corruption “.

The Safeguarding Committee for Integrity (CSI), a physique connected to the presidency, additionally sounded the alarm three weeks in the past. Sorting out the achievements, administrative blockages … a 12 months earlier than the presidential election, the highway to the battle in opposition to corruption nonetheless appears lengthy.

►Read additionally: Corruption: Will Madagascar quickly be on the record of international locations at danger?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More