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{
    "id": 681765,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/681765/?format=api",
    "text_counter": 539,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "It is a very important Bill that will deal with corruption, financing of terrorism and proceeds of money laundering. These amendments are in line with international best practices. The role of the Money Laundering Advisory Boards or Councils all over the world is to advise the relevant Minister, in our case the Cabinet Secretary for the National Treasury, on anti-money laundering matters. The present position suggests that the role of the board is merely to advise the Director. I want to assure the Members that the proposal contained in this Bill generally meets global best practices and international standards as prescribed by the Financial Reporting Centre taskforce which is in place globally."
}