US offers up to US$10 million reward for information on al-Shabaab’s emerging trade-based and other financing operations
The US state department is offering a reward of up to US$10 million for information leading to the disruption of the financial mechanisms of al-Shabaab, the Islamic fundamentalist jihadist group based in Somalia and active elsewhere in East Africa. The group, which Washington considers to…
COVID-19-related Money Laundering and Terrorist Financing Risks and Policy Responses
The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption. It has also led to an increase in COVID-19-related crimes, including fraud, cybercrime, misdirection or exploitation of government funds or international financial assistance, which is creating new sources of proceeds for…
