Money laundering risks on the national economy [Archives:2008/1213/Business & Economy]

December 4 2008

By: Ali Saeed
The rise of global financial markets has today made moving money from one country to another easier than ever. All over the world, money earned though illegal activities is transferred through several countries in order to obscure its illicit origin and present it as “clean”” to legal authorities. In order to invest their assets and avoid them being seized by the government