Nigerian Politics - Money Laundering

INTRODUCTION: Money laundering is the process of creating the appearance that large amounts of money obtained from serious crimes, such as drug trafficking or terrorist activity, originated from a legitimate source. It is a crime in many jurisdictions with varying definitions. It is a key operation of the underground economy. Money laundering is the practice of disguising illegally obtained funds so that they seem legal. Money laundering can be described as the process by which a person conceals or disguises the identity or the origin of illegally obtained proceeds so that they appear to have originated from legitimate sources. Money laundering is ipso facto (from the

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