Mozambique Working to Eradicate Money Laundering

Maputo — Mozambican President Filipe Nyusi believes that the country is working hard in order to eradicate money laundering, in line with the standards set by the Financial Action Task Force (FATF) in order to get off its “grey list’.

In 2022, Mozambique was placed on the Grey List of the FATF for an observation period of two years (2022-2024) by the International Cooperation and Review Group (ICRG), an entity that brings together experts who monitor the progress of countries in matters related…