NCB officers learn more on money laundering investigations

Fadley Faisal

Officers from the Criminal Justice Division of the Attorney General’s Chambers (AGC)organised a three-day workshop at Permai Hall of the Narcotics Control Bureau (NCB) titled ‘Targetting the Profits of Drug Trafficking’. The workshop was held on July 13-16.

Fifteen NCB officers participated in the workshop aimed at providing the officers with a better understanding of the issues in money laundering investigations.

Drug trafficking is recognised as one of the activities generating illegal proceeds which are laundered to conceal the money’s criminal history and then integrated into the financial system to give an appearance of legitimacy.

The workshop involved lectures from Deputy Public Prosecutors on the vast range of investigative powers under the Criminal Asset Recovery Order, 2012 in conducting money laundering investigations and the various avenues available to the prosecutors in forfeiting assets which are proceeds of crime.

It also touched on best investigation practices based on a real life case analysis.

The session concluded with the participants being given case scenarios to demonstrate their understanding and knowledge gained. The delivery of the workshop signifies AGC’s commitment to its role in the National Anti-Money Laundering and Combatting the Financing of Terrorism Committee (NAMLC) to further improve the quality of investigations and enhance the knowledge of law enforcement agencies in detecting offences of money laundering. The workshop follows a similar initiative held with Royal Customs and Excise Department officers.

Deputy Public Prosecutors with workshop participants. PHOTO: AGC