CHAMWE KAIRA
The Financial Intelligence Centre (FIC) issued 62 intervention orders valued at approximately N$191 million in 2025, while intelligence-led interventions contributed to more than N$147 million in recoveries by NamRA.
The country has recorded significant progress in its fight against financial crime, with authorities reporting substantial increases in intelligence outputs, enforcement actions and inter-agency cooperation across key institutions.
The FIC said intelligence disseminations rose from 216 in 2023 to 412 in 2025, reflecting strengthened analytical capacity and improved detection of suspicious financial activity.
The centre added that a risk-based prioritisation system reduced initial manual review workloads by 90%, enabling investigators to focus on higher-risk cases.
The FIC produced 11 strategic analysis reports and seven typology reports, alongside 32 case studies developed in collaboration with the Namibian Police Force (Nampol), the Anti-Corruption Commission (ACC) and the Namibia Revenue Agency (NamRA).
Nampol reported an expansion in its financial crime investigation capacity, including an increase in specialised personnel to 47 officers and budget support of N$1.4 million for complex and parallel financial investigations.
Training programmes reached 899 staff, supported by a 40-day curriculum introduced across four police colleges and delivered with in-house trainers.
Authorities also noted improved investigative outcomes, with cases identifying proceeds or instrumentalities of crime rising from 33 to 43.
In addition, eight new positions were approved, alongside the establishment of a dedicated Money Laundering and Asset Forfeiture Unit and an Intelligence Unit.
A total of 195 investigators received training in financial investigations, asset tracing, seizure and case finalisation.
The integration of financial intelligence into corruption investigations strengthened further, with money laundering-linked corruption cases increasing from four to 22, supported by improved asset recovery outcomes.
On the prosecutorial side, capacity was expanded through an additional N$5.2 million allocation for 12 Anti-Money Laundering and asset recovery-focused posts.
A total of 260 prosecutors were trained, while an internal trainer pool was established to support complex money laundering cases.
As a result, money laundering prosecutions rose from 261 to 286, while confiscation orders increased from one to 16.
Namibia also reported progress in its counter-terrorism financing framework, with coordinated structures established across detection, investigation and prosecution agencies.
Authorities identified 17 persons and entities of interest, with three active terrorist activity cases currently under investigation.
Efforts to improve beneficial ownership transparency also advanced, with strengthened electronic systems and enforcement measures.
A total of 114 420 beneficial ownership filings were recorded by March 2026, with the filing rate rising to 46.6%.
Authorities conducted 2 223 online searches, while 700 non-compliant entities were deregistered. Of inspected entities, 55 out of 56 were found to be compliant.
In addition, 5 622 trust records were reconciled with NamRA, 1 405 trusts were deregistered, and 176 placed under pending review, with competent authorities now granted direct access to trust data.
The Financial Intelligence Centre further expanded its internal capacity, increasing its analytical budget from N$814 000 to N$2.31 million, while approved analysis and support positions rose from 23 to 33.
