Introduction
In the recent past, there has been an increase in the cases of terrorism financing and money laundry across the world. The international community is experiencing rapid social, political, economic and technological advancements that have enhanced communication and the transportation of money that is used in the financing of terrorist activities. Besides, this development has exposed the financial systems to abuse by organized criminals. The international community has established strategies to curb money laundry and terrorism financing so as to enhance the security of the world. In the past decade, proceeds from money laundry have been used to finance ...
