Zimbabwe: Report on Money Laundering (No. 61)

Abstract

Money laundering is a world‐wide phenomenon and one that is increasing. There are many definitions, but basically the term refers to the practice of the manipulation of the proceeds of crime so as to conceal their true origin. If undertaken successfully it results in the eventual release or return of the proceeds concerned into the economy in a clean laundered state.

Citation

Gubbay, A.R. (1998), "Zimbabwe: Report on Money Laundering (No. 61)", Journal of Money Laundering Control, Vol. 1 No. 3, pp. 277-286. https://doi.org/10.1108/eb027151