Angola Finance Ministry sign anti money laundering agreement with US Treasury Department
The Angolan Finance Ministry and the US Treasury Department signed a technical assistance agreement in Washington with the Financial Information Unit (FIU) and other bodies involved in the fight against money laundering and terrorist financing in the country.
The agreement signed by Finance Minister Archer Mangueira by Treasury Department deputy secretary William Larry McDonald in Washington prevention and repression of money laundering and terrorist financing (CBC / CFT) crimes.
The agreement provides for the opening of an Office of Technical Assistance (OTA) in Luanda, with the mission of improving the preventive regime and bodies involved in CBC / CFT law enforcement, as well as the technical capacity of UIF, according to Francisca de Brito, director of the Financial Information Unit (FIU), which is also part of the Angolan delegation.
The document states that, under the terms of the agreement, the OTA is open for renewable periods of one year and funding is already available for 2019.
The Angolan delegation includes, in addition to the Minister of Finance, the Economy and Planning, Pedro Luís da Fonseca and the governor of the BNA José de Lima Massano.
When he was in Luanda last March, US Undersecretary of State John Sullivan announced that the United States will grant Angola around two million dollars in "continued assistance" in the fight against money laundering and terrorist financing and for mine clearance.
In a press conference, the official conditioned the relationship of the corresponding US bank with its Angolan counterparts to the restoration of a climate of economic confidence in which the fight against corruption is a priority.