By AARON CHIYANZOLEAKING of information by the Financial Intelligence Centre (FIC) is injurious to suspected persons and prevents law enforcement agencies from carrying out thorough investigations, a financial expert Simata Simata has said.Mr Simata said FIC was operating like an alarmist as most of the information it was feeding the public was not conclusive.He said in an interview that law enforcement agencies were also finding it hard to thoroughly investigate suspicious transactions from the Centre because suspects were alerted and end up destroying evidence.Mr Simata said considering the manner FIC publicizes information on suspicious transactions, it portrays suspects as being guilty even before they were prosecuted by the courts of law.“Imagine a situation where a husband is seen standing with another woman under a tree. Without verifying who the woman is, you rush to the wife and report that he is with another women. The wife also tells the family that the man is cheating. […]
SIMATA CAUTIONS FIC
