Financial crime watchdog adds Congo to money laundering watch list

The Financial Action Task Force plans to put Democratic Republic of Congo on a list of countries subject to increased monitoring, the country's Communications Minister Patrick Muyaya said on Saturday. Congo, a major cobalt and copper producer, will go on the global financial crime watchdog's so-called "grey list" of deficient countries no later than Oct. 21 for shortcomings in stamping out financial corruption, including money laundering and anti-terrorist financing.

from Engineering News | Home https://ift.tt/4qljFyA