Assertion: money laundering | /r/HasProperty | ml
Facets:
Source sentences:
text: Money laundering (ML) is defined as a process to make ‘dirty’ money (proceeds from criminal activities) look ‘clean’ (or legitimate) by masking the benefits derived from criminal conduct so that it appears to have originated from a legitimate source.
text: The Anti-Money Laundering (AMLA), Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, is Malaysian laws enacted to provide for the offence of money laundering, the measures to be taken for the prevention of money laundering and terrorism financing offences and to provide for the forfeiture of property involved in or derived from money laundering and terrorism financing offences, as well as terrorist property, proceeds of an unlawful activity and instrumentalities of an offence, and for matters incidental thereto and connected therewith.