Geopolitical strife, its role in facilitating money laundering

By Sandra Fungai Kabaya (August 22, 2023, 9:10 AM EDT) -- Geopolitical strife, characterized by conflicts, political instability and economic sanctions, has far-reaching consequences beyond its immediate impact on nations and regions. One such consequence is the facilitation of money laundering, enabling illicit actors to exploit the chaos and vulnerabilities present in these situations. This article explores the intricate relationship between geopolitical strife and money laundering, highlighting the challenges it poses to global financial integrity and the urgent need for international co-operation to combat this illicit practice....