The Namibian Police (NamPol), the Anti-Corruption Commission (ACC), and the Bank of Namibia (BoN) signed an agreement to curb transnational organised crimes as well as reduce the risk of the country being grey-listed by the Eastern and Southern African Anti-Money Laundering Group and the Financial Action Task Force (ESAAMLG).

NamPol, as a member of Interpol, has access to global communication systems, which link law enforcement agencies in all 195 countries.

The system enables authorised users to share sensitive and urgent police information with their counterparts around the globe.

Nampol will provide access to this system to the ACC and the Bank of Namibia.

Through this agreement, the ACC and the BoN's Financial Intelligence Centre will serve as a national centre to analyse suspicious transactions and provide information on money laundering and terrorism financing.

The Governor of the Bank of Namibia, Johannes !Gawaxab, said the bank is committed to fighting financial crimes, money laundering, and financing of terrorism to prevent Namibia from being grey-listed.

On his part, the Director General at the ACC, Paulus Noa, also urged all parties to join hands to fight corruption and crimes to protect the country's financial system.