Republic of Botswana
Government portal
Money Laundering

Money Laundering is the process by which the Proceeds derived from a criminal activity are disguised in an effort to conceal their illicit origins to legitimize their future use. The Government of Botswana saw it fit to pass laws aimed at the prevention of money laundering basing some of the changes on the international regimes. A national Anti-money Laundering Committee was formed and it comprises of the DCEC, BOB, Attorney General, Ministry of Finance and Botswana Police Service. The committee sits once every two months to share in self-assessment, evaluation, information and technical support in the fight against money laundering.