According to Anti Money Laundering act (AMLA), the crime of
money laundering is considered to be a felony. Consequently, it
can't be tried in a criminal court unless investigations are carried
out.
After all investigations have been performed by
the competent
authorities of (AMA), and strong evidence has been provided, the
competent judicial authorities start action considering the related
criminal laws.
In this study we are focusing on two stages regarding the crime of
money laundering : detection as well as investigation and how
authorities act according to the regulations stipulated in the law.
Money laundering is a serious phenomenon, facing many countries of
the world phenomenon, because of their serious political, social and
economic effects on the state and its standing in the international
community.
Has helped the spread of this p
henomenon ease of movement of capital
across different countries, in the light of international trade liberalization,
which has fallen into increasing funds criminal organizations trading on
the local and international level, the movement, with the aim of
legitimacy to hide the money obtained illegally to look like money clean.
