Finance: Ofnac and Nazaha strengthen their cooperation against corruption and financial crime

The National Anti-Corruption Office (Ofnac) and the Control and Anti-Corruption Authority of the Kingdom of Saudi Arabia (Nazaha) signed, on Tuesday August 25, 2026 in Vienna, a Memorandum of Understanding aimed at strengthening their cooperation in the prevention and fight against corruption and transnational financial crime.

The ceremony was held on the sidelines of the work of the Globe Network, in the presence of Professor Mazin bin Ibrahim Al-Kahmous, President of Nazaha, and Moustapha Ka, President of Ofnac, according to an Ofnac source.

Faced with increasingly sophisticated and cross-border financial crime, the partnership aims in particular to facilitate the exchange of information, the sharing of experiences and expertise, capacity building and cooperation in investigations relating to acts of corruption with an international dimension.

It must also contribute to strengthening the capacities of the two institutions to identify, trace and, when the legal conditions are met, facilitate the freezing, seizure, confiscation and restitution of assets resulting from corruption.

Ofnac also underlines the decisive role played by the services of the Ministry of African Integration, Foreign Affairs and Senegalese Abroad in the finalization of this important cooperation instrument. Their diplomatic and technical support contributed to facilitating exchanges between the parties and to the successful completion of the negotiation process.

For Ofnac, this signature marks the start of cooperation designed to produce concrete results, in particular through exchanges between experts, capacity building and better operational cooperation. Ofnac specified that this agreement reflects the desire of Senegal and Saudi Arabia to combine their efforts to better fight corruption, illicit financial flows and transnational financial crime.

Bada MBATHIE