The ARINSA Network introduces the concept of Forensic Accounting to trace the proceeds of crime to the Southern African region.
The objective of the training was
to build capacity of law enforcement officers, prosecutors and financial
investigators in the asset forfeiture units of the ARINSA member states. The
objective was achieved through presentations, practical demonstrations, exercises
and plenary discussions.
The training conducted over three days was hosted by the United Nations Office on Drugs and Crime. The major issues addressed within the three days of the training included:
i)Overview of forensic accounting and financial investigations
ii)Overview of entity structures and books of record
iii)Sources and analysis of financial information
iv)Financial Investigation list and profiling
v)Concept of beneficial ownership, effective control and proving ownership
vi)Tracing assets in a cash economy and,
vii)Case studies
The AML advisor for UNODC, Southern Africa opened the workshop. In his remarks, it was observed that a number of countries had not successfully seized proceeds from crime. However, there were significant improvements in the region and this included a number of successful cases in Malawi and Zambia.
The training was a huge success. Almost all of the participants requested that ARINSA consider offering an advanced course in forensic accounting. The participants found the training very informative and they could relate the exercises to similar cases in their countries.
Ms. Zhuldyz Akisheva, the UNODC Representative made the closing remarks and extended her heartfelt gratitude for such an encouraging participation and attendance. She concluded by awarding certificates of attendance to the participants.
To view more photographs from the event please click on the following link: http://arinsa.org/course/view.php?id=21