Gov’t Reaffirms Commitment to Fight Money Laundering

Government has sent a strong and unequivocal signal to the international community, reaffirming that its resolve to combat money laundering, terrorist financing, and proliferation financing remains firm and irreversible.

Speaking at the opening of the on-site Mutual Evaluation of Ghana’s Anti-Money Laundering, Counter-Terrorist Financing and Counter-Proliferation Financing (AML/CFT/CPF) regime in Accra, the Deputy Minister for Finance, Thomas Ampem Nyarko, declared that the country’s stance against financial crime is driven not only by global obligations but also by national interest.

“Ghana’s commitment to combating money laundering, terrorist financing, and proliferation financing is unwavering,” he stated.

He stressing that the fight against illicit financial flows is critical to safeguarding economic stability, protecting the integrity of the financial system, and maintaining investor confidence.

Mr. Nyarko noted that AML/CFT is no longer regarded as a narrow regulatory exercise limited to a few institutions, but rather as a shared national responsibility with far-reaching implications for economic security, governance, and Ghana’s credibility within the global financial system.

According to the deputy minister, this commitment is evident in sustained political will, strengthened inter-agency coordination, improved use of financial intelligence, and a renewed focus on measurable outcomes such as investigations, prosecutions, convictions, and asset recovery.

“It is a commitment rooted not only in international standards but also in our national interest and our responsibility to future generations,” he noted.

Mr. Nyarko acknowledged that while challenges persist and risks continue to evolve, Ghana has developed a credible and responsive framework capable of adapting to emerging threats.

He described the ongoing mutual evaluation exercise not as a process to be feared, but as a constructive partnership aimed at enhancing effectiveness and aligning Ghana’s systems more closely with international best practices.

The Deputy Finance Minister assured them of transparent systems, prepared institutions, and a country determined to deepen reforms and sustain momentum in the fight against financial crime.

“The message from Ghana is clear, our commitment to combating money laundering, terrorist financing, and proliferation financing is firm, enduring, and non-negotiable,” he stressed.