Ghana places 60th in latest anti-money laundering ranking - Report reveals

Ghana places 60th in latest anti-money laundering ranking - Report reveals

- Ghana has moved up six places in a new anti-money laundering and terrorist financing report

- With a score of 5.29, the country jumped to 60th position

- The latest rankings put Ghana ahead of notable countries such as United Arab Emirates, India, Turkey and China

Information available to YEN.com.gh indicates that Ghana has moved up six places in a new anti-money laundering and terrorist financing report published by Swiss-based Basel Institute of Governance.

According to the report, with a score of 5.29, the country jumped to 60th position in the latest rankings released by the Basel Institute of Governance.

The Basel Anti-Money Laundering Index is an independent annual ranking that assesses the risk of money laundering and terrorist financing around the world.

READ ALSO: Akufo-Addo is Ghana’s most corrupt president ever - NDC

The latest rankings put Ghana ahead of notable countries such as United Arab Emirates, India, Turkey and China.

The Basel anti-money laundering Index measures the risk of money laundering and terrorist financing in countries using data from publicly available sources such as the Financial Action Task Force, Transparency International, World Bank and the World Economic Forum.

The Index relies heavily on perception-based indicators such as the Transparency International Corruption Perceptions Index.

READ ALSO: Ghanaian footballer Kingsley Sarfo released from Sweden prison; deported to Ghana

In other news, the opposition National Democratic Congress (NDC) has described President Akufo-Addo as the “most corrupt” leader in the country’s history.

Addressing journalists on Tuesday, September 10, 2019 General Secretary of the NDC, Johnson Asiedu Nketia, said the NPP government has made corruption a way of life.

According to him, the President “must accept full responsibility for the unenviable accolade as the most corrupt President in Ghana’s history, which hangs around his neck and find out why it is so."

READ ALSO: Akufo-Addo is Ghana’s most corrupt president ever - NDC

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Source: Yen.com.gh

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