Chairman of the Board of Trustees of the Egyptian Money Laundering and Terrorist Financing Combating Unit (EMLCU) Ahmed Saeed Khalil said on Tuesday, July 7 that Egypt and Namibia are committed to strengthening cooperation in combating money laundering and terrorist financing, particularly across Africa.
His remarks came after he signed a memorandum of understanding with the head of Namibia’s Financial Intelligence Center on the sidelines of the 32nd Plenary Meeting of the Egmont Group in Baku, Azerbaijan.
Khalil said that the agreement will strengthen bilateral cooperation through the exchange of expertise, information and capacity-building, helping both sides strengthen efforts to combat financial crimes.
He also welcomed Namibia’s recent progress in strengthening its anti-money laundering and counter-terrorist financing framework, saying the country has taken effective steps to meet international standards and protect the integrity of its financial system.
