“Money laundering poses a serious threat to a country’s economic sovereignty. Information and communication technology has made it more challenging.” Explain.
Points to Remember: Money laundering’s impact on economic sovereignty. Role of ICT in facilitating money laundering. Challenges in combating money laundering in the digital age. Strategies for mitigating the threat. Introduction: Money laundering, the process of disguising illegally obtained funds as legitimate income, is a significant threat to a nation’s economic sovereignty. It undermines the … Read more “Money laundering poses a serious threat to a country’s economic sovereignty. Information and communication technology has made it more challenging.” Explain.