Mustafa Taha Nasr, director in the Center of Media and Economic Studies and author of a study presented at the seminar, said that Yemen needs a comprehensive vision about money laundering
and appropriate mechanisms in fighting it.
The process of meticulously applying this disguise forms the basis of money laundering
"In the money laundering
case, we would be dealing with very intelligent people, stupid men cannot do laundering
Former President Asif Ali Zardari, his sister Faryal Talpur and other accused are facing an inquiry into the money laundering
scam involving over Rs35 billion money laundered through fake bank accounts.
He also said the Directorate on Corruption and Economic Crime (DCEC) and the Botswana Police Service (DPP) had since established special units dedicated to the investigation of money laundering
cases and identification of assets linked to money laundering
At the courses, presentations were given detailing general signs of illegal behaviour and money laundering
The Finance Minister was talking to reporters at the Finance Division after chairing a national coordination committee meeting on money laundering
. Answering a question, Kamal said money laundering
usually takes place from two sectors - banking and revenue - and apart from these two sides, there is no such scope for any wholesale money laundering
SANITISE WEALTH In Kenya, corruption and money laundering
are inherently linked.
A Joint Investigation Team (JIT) formed to probe into the mega money laundering
scam submitted its report in the Supreme Court.
International banking systems are facing increased money laundering
threats and hence major commercial banks worldwide are updating their transaction monitoring systems, which shall assist them in suspicious transaction monitoring on a real-time basis.
Under the agreement, the agencies pledged to cooperate in exchanging information, including studies and researches on current and emerging trends in money laundering
and financing for terrorism.