YALI President Andrew Ntewewe says having gone through Act No. 4 of 2016 that establishes the Financial Intelligence Centre, YALI noted that the Board and its Director, Mary Chirwa-Tshuma breached the Financial Intelligence Act of 2010 as amended in 2016, by publishing details of the report to members of the public.
Mr Ntewewe tells Komboni Radio News that at this stage, the information gathered by the FIC was raw and required further investigations.
YALI emphasized that the FIC was not a law enforcement agency and the information it gathered was Intelligence in its nature and the disclosure breached the FIC Act of 2010.
The YALI Presidents has noted with regret that the Information has prejudiced future investigations on the matter and has jeopardized the successful prosecution of the mentioned cases.