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Cablegate: Follow the Money - Treasury Advisors Train On Financial

VZCZCXRO9763
RR RUEHROV
DE RUEHDS #2736 2491225
ZNR UUUUU ZZH
R 061225Z SEP 07
FM AMEMBASSY ADDIS ABABA
TO RUEHC/SECSTATE WASHDC 7706
INFO RUCNIAD/IGAD COLLECTIVE
RUEATRS/DEPT OF TREASURY WASHDC
RUEAIIA/CIA WASHINGTON DC
RHEHNSC/NSC WASHDC

UNCLAS ADDIS ABABA 002736

SIPDIS

SIPDIS

E.O. 12958: N/A
TAGS: ECON EFIN PTER PINR ET
SUBJECT: FOLLOW THE MONEY - TREASURY ADVISORS TRAIN ON FINANCIAL
CRIMES

1. SUMMARY: As part of overall capacity building and training
efforts in Ethiopia, representatives of the US Treasury Department
offered 50 anti-corruption, law enforcement, and tax authority
officials a five day program August 27-31 in Addis Ababa
highlighting best practices in investigating financial crimes
including money laundering and corruption. END SUMMARY.

2. Cosponsored by the US Treasury Department's Office of Technical
Assistance and the UN Office on Drugs and Crime, the five day
workshop was developed and organized by the Federal Ethics and
Anti-Corruption Commission (FEACC). Over 50 participants from
FEACC, the Ethiopian National Police, the Federal Inland Revenue
Agency and the National Bank of Ethiopia took part.

3. The curriculum emphasized the importance of "following the money"
in the fight against crime. Because most crimes are committed for
monetary gain, identifying and confiscating criminal proceeds
reduces the incentive to commit crime. Topics included intelligence
analysis, case planning, report writing, and sources of
information.

4. COMMENT: This workshop is part of a larger program of technical
assistance and aid to Ethiopian authorities in their fight against
financial crimes. The National Bank of Ethiopia has agreed to the
terms of reference for a program to enhance their anti-money
laundering/counterterrorism finance programs. The agreement will be
signed when US Treasury representatives return in October. Post
will continue to aggressively coordinate meetings to secure broad,
senior GOE support of these important programs. END COMMENT.

YAMAMOTO

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