ED Strengthens International Footprint With Mauritius Training Program on Money Laundering
The Enforcement Directorate (ED) may face criticism in India, but its importance in investigating money laundering abroad is growing. ED officials are training officials in Mauritius on methods of money laundering and gathering financial intelligence. This training is an important step towards joint investigations of financial crimes between India and Mauritius.
Though the ED is criticized in India for the low rate of convictions, its reputation abroad in money laundering cases is increasing. The ED is sending its officials to train Mauritian officials in detecting money laundering and collecting financial intelligence.
Four top officials, including ED's Special Director, are in Mauritius for this mission. ED Director Rahul Naveen termed this a big move towards future collaborative probing of money laundering cases with Mauritius. A senior ED official said that in March this year, an agreement was entered into between the Financial Crimes Commission (FCC) of Mauritius and ED for mutual cooperation in investigating money laundering and financial crimes.
Under this agreement, the ED developed a five-day program to train FCC officers, covering everything from investigating complex money laundering cases to gathering evidence and proving the crime in court.
Want to get your story featured as above? click here!
Want to get your story featured as above? click here!
This program was developed in accordance with the Financial Action Task Force (FATF) standards. It is worth noting that the FATF has praised the ED for investigating several money laundering cases and has cited it as an example to other agencies around the world. The senior ED official stated that the training began on September 22nd in Port Louis, Mauritius, and will continue until September 26th. If necessary, Mauritian officials can also be brought to India for training.
