Ghana is set to be removed from EU Money Laundering List, a statement from the presidency has announced.
The country has also been selected as a manufacturing hub for COVID-19 vaccines in Africa.
Director of Communications at the Presidency Eugene Arhin who signed the statement disclosed that the European Commission announced the decision at a meeting between President Akufo-Addo and the European Council.
“The European Union acknowledged the efforts Ghana has made in implementing the action plan of the International Country Risk Guide (ICRG) in record time. The Commission, thus, congratulated Ghana for the reforms embarked on, as well as the sustainable, robust systems deployed towards being taken off the list” the statement said.
According to the statement, the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, will in June 2021, announce that Ghana has been taken off its list of high-risk third-world countries with strategic deficiencies in Anti-Money Laundering and Countering of Terrorism Financing.
Read the full statement below
