Ministry of Finance Minister, Situmbeko Musokotwane says in ensuring that this fight is in conformity with the global community, the government is committed to ensure strict compliance to international standards on combating money laundering and the financing of terrorism.

Dr Musokotwane said this in a speech read on his behalf by Attorney General Kabesha Mulilio who is also Anti- terrorism Chairperson during the Launch of the National Anti – Money Laundering and Countering of Terrorist Financing Policy held at Kenneth Kaunda International Conference Centre in Lusaka yesterday.

“The launched policy is the first national policy Anti – money laundering and countering Terrorism proliferation financing policy, this is in response to the financial action task force recommendation to which requires countries to have in place National Anti-Money laundering and countering the financing of terrorism,” he said.

Dr Musokotwane urged the people tasked with the duty to implement the mechanism to do it diligently and ensure that results are recorded to the satisfaction of the people that want a total eradication of the vice from the face of the country.

He said Zambia is a member of international organisations that have ratified a number of protocols that are required to criminalize money laundering and other financial crimes.

Dr Musokotwane noted that the launched sets a roadmap to effectively combat money laundering and the financing of terrorism in the Country.

“That such effects are meant to promote financial integrity in the financial sector as the financial sector is a cartelistic enabler of economic development and the government is working towards measures aimed at protecting the financial sector from the threats of money laundering and financing of terrorism,” he noted.

Dr Musokotwane noted that Zambia has a lot of areas that need urgent attention to ensure full compliance to the financial action task force recommendation.

He called upon all stakeholders involved in the Anti- money laundering and countering the financing of terrorism to ensure that all outstanding issues addressed.

And British High Commission Governance Advisor Markus Weiner said the launch of the National Anti-money laundering and counter terrorism, financing and perforation policy is an important plan to fight corruption in Zambia.

"We are very happy that we are providing support from the United Kingdom from the British high commission to the Anti-corruption commission (ACC) ,we work together with the international center for assert recovery to operationalize those laws and give meaning to those laws and to work together on investigations and to protect the Zambian from corruption and we are looking forward to a fruitful fight against corruption in Zambia ," he said.