ORGANISED CRIME IN PAKISTAN: A CRIMINOLOGICAL STUDY OF MONEY LAUNDERING
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Keywords

Money laundering
Compliance
Terrorist financing
Corporate governance
Organized crime
Financial crime
Predicate offence

How to Cite

Ahmed Shaikh, T., & Muhammad Burfat, F. (2018). ORGANISED CRIME IN PAKISTAN: A CRIMINOLOGICAL STUDY OF MONEY LAUNDERING. Journal of Social Sciences and Humanities, 57(1), 29–44. https://doi.org/10.46568/jssh.v57i1.77

Abstract

Organised crime is chameleonic in nature. It is transnational, dynamic, overlapped criminal activities and pervasive in nature. In the same way, money laundering is the predicate offence and it is naturally linked to other organised crimes. After the cold war, this nexus culminated during the occurrence of 9/11 in particular which was a lethal combination of money laundering (ML) and terrorist financing (TF). This combination is currently being experienced by Pakistan; where various terrorist groups are involved with direct and indirect support of proceeds from drug trafficking, assassination, land grabbing, arms smuggling and various other organised crimes routing through the abusage of financial and non-financial channels and support to terrorism. This has left serious socio-politico and economic consequences in the south Asian region and global as well. The researcher found very limited evidence of money laundering characteristics in the existing research literature on Pakistan. Thus to carry out research work on the subject was need of the hour in Pakistan. This led the researcher to find out root causes and existing weaknesses at the regime’s end in countering financial crime and financing of terrorism.

https://doi.org/10.46568/jssh.v57i1.77
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Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Copyright (c) 2018 Tahseen Ahmed Shaikh, Dr.Fateh Muhammad Burfat

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