Grasping Money Laundering Methods and Techniques : The focus on the National Agency for Financial Investigation in Cameroon (NAFI)

ISBN-13: 9786138452522 / Francuski / Miękka / 2019 / 144 str.

Alain Ndedi; Jules Banaken; Yves Alain Mvogo Onana

Opis

There is no real evidence that suggests when the term money laundering was coined. However, referring to the historical sense of this term, it can be explained in several ways. One explanation comes from the book Lords of the Rim by the American historian Sterling Seagrave where the author explores the phenomenon of merchant conducting businesses in China since 3000 B.C. At that time, wealth was concealed by hiding, moving, and investing outside of China. Even though the term money laundering was not invented yet, the principles of money laundering were founded. These included the conversion of illicit funds into movable assets and then moving them outside its jurisdiction to invest in other legal economies.

O autorze

Ndedi, Alain
Dr. Banaken is heading the Risk Management Unit at the Central African States Development Bank and is a trainer of banking executives on behalf of the Technical Institute of Bank of Paris. Dr. Mvogo has occupied various positions at the Cameroon Telecommunications, including Regional Director at CAMTEL. Pr. Ndedi teaches forensic accounting.