Ghana has reaffirmed its firm commitment to combating money laundering, terrorist financing and proliferation financing, describing the fight against illicit financial flows as both a national priority and an international obligation.
The Deputy Minister for Finance, Mr Thomas Ampem Nyarko, made the declaration 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.
According to him, Ghana’s resolve is rooted in the need to safeguard economic stability, protect the integrity of the financial system and maintain investor confidence.
“Ghana’s commitment to combating money laundering, terrorist financing and proliferation financing is unwavering,” he said.
Mr Nyarko stressed that AML/CFT is no longer regarded as a narrow regulatory task limited to a few institutions, but as a shared national responsibility with significant implications for governance, economic security and the country’s standing in the global financial system.
He said the commitment was demonstrated through sustained political will, improved inter-agency coordination, stronger use of financial intelligence and an increased focus on tangible outcomes, including investigations, prosecutions, convictions and asset recovery.
The Deputy Minister acknowledged that risks continue to evolve but said Ghana had established a credible and responsive framework capable of addressing emerging threats.
He described the Mutual Evaluation as a constructive process rather than a punitive exercise, noting that it provides an opportunity to strengthen effectiveness and align more closely with international best practices.
Mr Nyarko assured evaluators that they would encounter transparent systems, prepared institutions and a government determined to deepen reforms and sustain momentum in the fight against financial crime.
“The message from Ghana is clear,” he said. “Our commitment to combating money laundering, terrorist financing and proliferation financing is firm, enduring and non-negotiable.”
