Non-Profit Organizations Educated on Money Laundering

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Non-Profit Organizations Educated on Money Laundering
Non-Profit Organizations Educated on Money Laundering

Africa-Press – Lesotho. The Ministry of Law and Justice, through the Registrar General’s Office, on Thursday held a sensitisation workshop for Non-Profit Organisations (NPOs) in Maseru, aimed at raising awareness on risks related to money laundering and the financing of terrorism.

Speaking during the workshop, the Industrial Property Counsel at the Registrar General’s Office, Mr. Lesaoana Molapo, said the initiative was intended to educate NPOs on activities that could potentially expose them to criminal exploitation, often without their knowledge.

Mr. Molapo explained that due to their humanitarian mandate, community reach and reliance on donations, NPOs are sometimes targeted by criminal networks seeking to channel illicit funds or finance unlawful activities.

He noted that such risks pose serious legal and reputational consequences for organisations if not properly managed.

He further stressed that the Registrar General’s Office, in collaboration with relevant stakeholders, is intensifying awareness programmes to ensure NPOs understand and comply with existing laws and regulations; these he said include proper registration, maintenance of accurate financial records, transparency in operations and timely reporting of suspicious transactions.

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