Zanzibar Anti-Corruption and Economic Crimes Authority (ZAECA) was established under the Zanzibar Anti Corruption and Economic Crimes Act Number 1 of year 2012.
Part of functions of the authirity as stated on section 13 of the act, says
13.1.(e). At the request of any person or institution, to advise and assist the person or institution on ways in which that person or institution may prevent corruption practices;
13.1.(h). To educate the public on dangers of corruption and economic crime and the importance of code of ethics and to enlist and foster public support in combating corruption and crimes
The Authority is determined to prevent, investigate and under the consent of Director of Public Prosecutions (DPP), to prosecute economic (financial) crimes practices which are on the increase and changing tactics. Crimes are now becoming more electronic. Electronic Crimes are a form of theft that occur when a person or entity takes money or property, or use them in an illicit manner, with the intent to gain a benefit from it. These crimes typically involve some form of deceit, subterfuge or the abuse of the position of trust, which distinguishes them from common theft robbery. In today's complex economy, fraud and financial crimes can take many forms ; forgery, credit card fraud, embezzlement and money laundering.
Money laundering is used mostly for terrorist financing that raise significant issues with regard to prevention, detection and prosecution. Sophisticated techniques used to launder money and finance terrorism add to the complexity of these issues. Such sophisticated techniques may involve different types of financial institutions; multiple financial transactions; the use of intermediaries, such as financial advisers, accountants, shell corporations and other service providers; transfers to, through, and different countries.
ZAECA call upon all institutions dealing with financial transactions to report any seemingly suspicious transaction within banks, mobile money (Ezy-pesa, m-pesa, tigo pesa and Airtel money) and any other institutions dealing with money transfer.
The Director General of ZAECA understands the magnitude of corrupt practices among public institutions in Zanzibar and therefore call upon all citizens to collaborate with the Authority in the fight. Any suspicious financial transaction and corrupt practices can be reported directly to the Director General at:
Phone: 024 223 1461
Mobile: 0774 824 242
Address: P.O.Box 3650,
STOP AND FIGHT CORRUPTION & ECONOMIC CRIMES:
Its an enemy of development
Corrupt people uses your own (tax payers) money to steal your rights
The Director General,
Zanzibar Anti-Corruption and Economic Crimes Authority (ZAECA)