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Sunday, September 15, 2024
NewsGlobal cooperate accountability and integrity fundamental in tracing assets of criminals- AG

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Global cooperate accountability and integrity fundamental in tracing assets of criminals- AG

Attorney General and Minister of Justice, Godfred Yeboah Dame, has called for stronger global cooperation to address the rising challenge of cross-border economic and financial crimes.

While delivering the keynote address at the 41st Cambridge International Symposium on Economic Crime, Mr. Dame highlighted the essential role of international collaboration among justice partners in effectively combating these increasingly pervasive threats.

“The survival of the global community is dependent on how effectively it can foster collaboration between its justice partners to combat global crime,” he stated.

Mr. Dame also emphasised Ghana’s proactive stance in addressing financial crime through significant legal reforms.

“Bearing in mind the motives and modus operandi of the perpetrators of financial crime, far-reaching institutional reform has been deliberately undertaken by the Republic of Ghana to trace the assets of criminals and ensure that wrongdoers do not profit from the crimes they commit,” he explained.

He highlighted the importance of the Economic and Organised Crimes Office Act of 2011, which established the Economic and Organised Crimes Office (EOCO).

This agency is pivotal in combating organised crime by detecting criminal activities and ensuring the confiscation of illegally obtained assets.

“I refer to the Economic and Organised Crimes Office Act of 2011, which was passed to establish EOCO as an agency to prevent and detect organised crime as well as to facilitate the confiscation of the proceeds of crime,” Mr. Dame added.

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