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MBABANE - The Customs Department, now Swaziland Revenue Authority (SRA) has been blamed for laxity in verifying the authenticity of the registration of imported cars, contributing to the laundering of the cars in Southern Africa. A report of the Institute for Security Studies (ISS) found that such money laundering is also used to finance terrorist activities driven by the Al-Qaeda. The report titled Money Laundering and Terrorism Financing Risks in Botswana was compiled after a study was conducted in 2009. It states that used motor vehicles imported from Asia are first taken to Botswana, where they are issued with forged registration before being driven to Lesotho and Swaziland to be re-registered. "Since the authorities in the two countries have neither time nor the capacity to verify the authenticity of the registration documents produced, the vehicles are thus easily laundered," the report states. The report further states, "No duty would have been paid on the vehicles in Botswana as they would not be in the official registration database. At the same time, the vehicles would not attract duty in Lesotho or Swaziland on the assumption that such duty would have been in Botswana as part of the registration process there. A significant number of the vehicles are smuggled into South Africa despite the country having stringent laws on the imp-ortation of second-hand vehicles." The report states that the boom in imported used cars, which dates back to 2000, opened a window to the unmonitored crime. In Swaziland there are several sellers of used imported cars whose operations are currently being scrutinised by the newly launched Swaziland Revenue Authority (SRA.) About a month ago, the authority ordered all import car dealers to close their bonded warehouses while investigations were ongoing. This was after revelation that government had been cheated of over E28 million by the dealers who under-declare the cars. In Botswana, it was said that a number of ter

The major Internet security specialist cautioned Tuesday that the cyber terrorist assault having "catastrophic consequences" currently seemed significantly probable in the world in a condition close to cyber war. Talking outside of an international meeting on Internet security in London, Eugene Kaspersky, the Russian mathematics genius, explained to Sky News the danger was actual and present a real danger. "I don't want to speak about it. I don't even want to think about it," he stated. "But we are close, very close, to cyber terrorism. Perhaps already the criminals have sold their skills to the terrorists - and then … oh, God." Based from Shaw Capital Management research - Kaspersky, who started an Internet security business having a worldwide hit, claimed he thought that cyber terrorism has been the largest instant danger confronting countries as varied as China as well as the U.S. "There is already cyber espionage, cyber crime and hacktivisim [when activists attack networks for political ends] - soon we will be facing cyber terrorism, "he explained. U.K. Prime Minister David Cameron, speaking in the London Cyber Conference, put into the expanding chorus of global leaders sounding this internet alert. "We are here because international cyber security is real and pressing concern," he was quoted saying. "Let us be frank. Every day we see attempts on an industrial scale to steal government secrets - information of interest to nation states, not just commercial organizations. "Highly sophisticated techniques are being employed … These are attacks on our national interest. They are unacceptable." The guy cautioned that "we will respond to them as robustly as we do any other national security threat." The U.S. as well as U.K. employed the convention setting out guidelines they expect may constitute the foundation of worldwide cooperation in internet governance, by which states work jointly upon concerns like securi

The major Internet security specialist cautioned Tuesday that the cyber terrorist assault having "catastrophic consequences" currently seemed significantly probable in the world in a condition close to cyber war. Talking outside of an international meeting on Internet security in London, Eugene Kaspersky, the Russian mathematics genius, explained to Sky News the danger was actual and present a real danger. "I don't want to speak about it. I don't even want to think about it," he stated. "But we are close, very close, to cyber terrorism. Perhaps already the criminals have sold their skills to the terrorists - and then … oh, God." Based from Shaw Capital Management research - Kaspersky, who started an Internet security business having a worldwide hit, claimed he thought that cyber terrorism has been the largest instant danger confronting countries as varied as China as well as the U.S. "There is already cyber espionage, cyber crime and hacktivisim [when activists attack networks for political ends] - soon we will be facing cyber terrorism, "he explained. U.K. Prime Minister David Cameron, speaking in the London Cyber Conference, put into the expanding chorus of global leaders sounding this internet alert. "We are here because international cyber security is real and pressing concern," he was quoted saying. "Let us be frank. Every day we see attempts on an industrial scale to steal government secrets - information of interest to nation states, not just commercial organizations. "Highly sophisticated techniques are being employed … These are attacks on our national interest. They are unacceptable." The guy cautioned that "we will respond to them as robustly as we do any other national security threat." The U.S. as well as U.K. employed the convention setting out guidelines they expect may constitute the foundation of worldwide cooperation in internet governance, by which states work jointly upon concerns like security and co

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