- The Seychelles government has rejected allegations recently posted on the net under the headline "Lawsuit Charges Seychelles Government With Financial Piracy."
The funds were not 'seized' by the government but frozen, and the article's accusations are unfounded, defamatory and incorrect, and no part should be considered as credible information. No attempt was made to contact the Seychelles government or the Financial Intelligence Unit for clarification, the government statement said today.
The statement continued that the Seychelles government has taken a powerful stance against international money laundering and has started implementing new laws to stop the flow of money from the hands of criminals into legitimate businesses and bank accounts, and therefore ensuring the continued success of the Seychelles jurisdiction as a clean offshore financial center.
"The Seychelles Government established the Financial Intelligence Unit, to meet its international responsibilities in relation to Anti-Money Laundering laws and the Financing of Terrorism," read the statement, adding that this year the country's legislation was amended to give the FIU the power to investigate suspected money laundering through Seychelles' jurisdiction and apply to the courts for lawful orders to freeze funds reasonably suspected of being the proceeds of crime.
It countinued that the FIU is currently conducting a number of investigations with equivalent agencies and the law enforcement agencies of other countries, including the United States.
"Seychelles is a jurisdiction which is serious about ensuring a strong framework of financial security and is ready to investigate suspicious transactions. The FIU in collaboration with international law enforcement partners is currently investigating an account held by LXE Solar Incorporated. The funds held in its account have been frozen on the basis of evidence presented to the Supreme Court in Seychelles," the government statement said.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español