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National Investigation Department (NID) (Nepali: राष्ट्रिय अनुसन्धान बिभाग) is the main intelligence agency of Nepal collecting information about country’s public security, economic crimes, corruption, domestic and cross border terrorism, money laundering, narcotics, and human trafficking.
The Mahadev Betting App Case is a high-profile scandal involving an online betting platform that enabled illegal gambling on various games, including poker, card games, badminton, tennis, football, and cricket.
Anti-money laundering (AML) software is software used in the finance and legal industries to help companies comply with the legal requirements for financial institutions and other regulated entities to prevent or report money laundering activities. AML software can facilitate faster and more accurate compliance and investigations.
Placing 'dirty' money in a service company, where it is layered with legitimate income and then integrated into the flow of money, is a common form of money laundering. Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, underground ...
The fund was then transferred to bank accounts controlled by Prithvi Bahadur Shah in Nepal. [12] [13] Nepal Rastra Bank received a request from the Financial Crimes Enforcement Network to confiscate and return the money. The Bank withheld the money and directed it to the Department of Money Laundering Investigation for further Investigation.
SINGAPORE (Reuters) -Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of suspected money laundering, in which the value of ...
The Asia/Pacific Group on Money Laundering (APG) is a FATF-style regional inter-governmental (international) body, the members of which are committed to effectively implementing the international standards against money laundering (Anti–money laundering or AML), combating the financing of terrorism (CFT) and financing the proliferation of weapons of mass destruction.
AMLC has filed a money laundering complaint before the Department of Justice against a RCBC branch manager and five unknown persons with fictitious names in connection with the case. [ 16 ] A Philippine Senate hearing was held on 15 March 2016, led by Senator Teofisto Guingona III , head of the Blue Ribbon Committee and Congressional Oversight ...