Lobamba, Senate Chamber, 24 October, 2024
The Senate Portfolio Committee of the Ministry of Finance, led by its Chairperson Senator Tony Sibandze, were engaged in a Clause by Clause Session for the Anti-Money Laundering, Counter Financing of Terrorism, and Proliferation Financing (Miscellaneous Amendments) Bill No. 09 of 2024. This review is aimed to enhance the nation’s financial integrity while addressing concerns about the behavior of border gate officers, following reports of travelers allegedly being robbed after declaring cash at entry points. The Committee emphasized the need for stronger measures to protect citizens and tourists to ensure effective anti-money laundering protocols, while also focusing on improving transparency and accountability to restore public trust in border operations and financial systems.
Acting Minister for Finance Hon. Apollo Maphalala (4th L), Chair of the Finance Senate Portfolio Committee Sen. Tony Sibandze, Members of the Portfolio Committee and Ministry officials in the Senate Chamber.
The Members of the Finance Portfolio Committee left no stone unturned as they meticulously went through each Clause.
Members of the Portfolio Committee engaged in serious discussions.