Calls for enhanced measures against money laundering remain unanswered in most countries in East and Southern Africa. In the process, policies to reduce drug trafficking are being subverted.
Money Laundering deals, like other crimes, take place mostly in urban settings controlled by criminal groups. This problem will worsen in the mega-cities of the future if governance does not keep pace with urbanization. Honest citizens struggling at a time of economic hardship wonder why the proceeds of crime converted into ostentatious real estate, cars, boats and planes are not seized.
Source: ISS
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