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Home > Main Library > Economy > Illegal Economy > Money Laundering > Money-laundering, general

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Money-laundering, general

Websites/Multiple Documents

Title: Google Search for "money laundering" Burma
Description/subject: 3480 results (June 2003); 4090 (January 2004), 12,000 (November 2004).
Language: English
Source/publisher: Google.com
Format/size: html
Date of entry/update: 03 June 2003

Title: US State Dept. Search for "Money laundering" burma
Description/subject: A search on the US State Dept. website in August 2001 produced 128 results for "money laundering" Burma
Language: English
Date of entry/update: 03 June 2003

Individual Documents

Title: Dooplaya Situation Update: Kyainseikgyi, Kawkareik and Kyonedoe townships, January to February 2015
Date of publication: 14 August 2015
Description/subject: "This Situation Update describes events and issues occurring in Kyainseikgyi, Kawkareik and Kyonedoe townships, Dooplaya District during the period between January and February 2015, including fighting between armed groups and updates on education and healthcare... On February 27th 2015, fighting broke out between the Tatmadaw and the Border Guard Force (BGF) against General San Aung's group from the Democratic Karen Benevolent Army (DKBA). It resulted in the deaths of four soldiers, including one soldier from the Tatmadaw, two from the BGF, and one from the DKBA... Villages in Kyainseikgyi Township report needing Karen language textbooks in order to teach their students properly... Local shopkeepers are owed money by road constructors from the Burma/Myanmar government who borrowed money from them during the construction process and have not repaid their debt..."
Language: English
Source/publisher: Karen Human Rights Group (KHRG)
Format/size: pdf (260K)
Alternate URLs: http://www.khrg.org/sites/default/files/15-38-s3.pdf
Date of entry/update: 16 September 2015

Title: Hpa-an Situation Update: Hlaingbwe and Nabu townships, December 2014 to January 2015
Date of publication: 23 July 2015
Description/subject: This Situation Update describes events and issues occurring in Hlaingbwe and Nabu townships, Hpa-an District during the period between December 2014 and January 2015, including embezzlement of government funds, development projects in the infrastructure and education sector, land confiscation, and healthcare disparities... Between 2013 and 2015, Border Guard Force (BGF) commanders embezzled over 170 million kyat (approximately US $152,126) from government funds earmarked for road, bridge, and school construction, resulting in lower quality infrastructure being built... Armed actors in the area, including the BGF, Karen Peace Force (KPF), and Democratic Karen Benevolent Army (DKBA) commanders, have confiscated and leased out villagers’ lands to agribusinesses. As a result, these fields have been converted to rubber plantations, leaving villagers unable to graze their cattle... On December 1st 2014, the Nippon Foundation arrived in Hlaingbwe and Nabu townships. They have since delivered rice donations and constructed several schools... Access to healthcare remains an issue in Hlaingbwe and Nabu townships, as some villagers have to depend solely on the Back Pack Health Worker Team (BPHWT), having no clinic or hospital in the area.
Language: English
Source/publisher: Karen Human Rights Group (KHRG)
Format/size: pdf (2.48MB)
Alternate URLs: http://www.khrg.org/sites/default/files/15-32-s1_0.pdf
Date of entry/update: 14 September 2015

Title: FATF 2004: Annual Review of Non-Cooperative Countries or Territories
Date of publication: 02 July 2004
Description/subject: "...Due to Myanmar's failure to introduce comprehensive mutual legal assistance legislation prior to 3 November 2003, counter-measures have been in effect since that date. Although legislation was adopted in April 2004, it contains serious deficiencies that will need to be addressed; the FATF will consider removing counter-measures when Myanmar has established a framework for effective international judicial co-operation..." several sdections deal with Myanmar...A REVIEW PROCESS; B ASSESSING PROGRESS; C MONITORING PROCESS FOR JURISDICTIONS REMOVED FROM THE NCCT LIST; D IMPLEMENTATION OF COUNTER-MEASURES; A JURISDICTIONS REMOVED FROM THE NCCT LIST IN FEBRUARY AND JULY 2004; B JURISDICTIONS THAT HAVE MADE PROGRESS SINCE JUNE 2003; C JURISDICTIONS CURRENTLY SUBJECT TO COUNTER-MEASURES; ANNEX 1: LIST OF CRITERIA FOR DEFINING NON-COOPERATIVE COUNTRIES OR TERRITORIES; ANNEX 2: FATF'S POLICY CONCERNING IMPLEMENTATION AND DE-LISTING IN RELATION TO NCCTS.
Language: English
Source/publisher: Financial Action Task force on Money Laundering
Format/size: pdf (167K), Word (16K)
Alternate URLs: http://www.fatf-gafi.org/dataoecd/3/52/33922473.PDF
Date of entry/update: 05 May 2005

Title: Money Laundering in Burma
Date of publication: 01 February 2004
Description/subject: "Burma’s economic miseries are compounded by its collapsing banking sector and the military government’s lack of transparency, as well as its half-hearted efforts to eliminate illegal financial transactions in Burma. International governments and independent financial task forces have condemned Burma for failing to meet international standards in combating money laundering. Drug money is widely suspected of keeping Burma’s struggling economy afloat. Below is a chronology of events concerning money laundering in Burma and the full text of the laws enacted by Burma’s military junta, which first appeared in the state-run daily, the New Light of Myanmar, in December 05, 2003 and June 17, 2002..."
Language: English
Source/publisher: "The Irrawaddy"
Format/size: html
Date of entry/update: 05 May 2005

Title: FATF decides to impose counter-measures on Myanmar
Date of publication: 03 November 2003
Description/subject: "The Financial Action Task Force (FATF) issued a press release November 3 calling upon its members to enhance surveillance and reporting of financial transactions involving Burma because of that country's continued failure to take effective action against money laundering. The FATF identified Burma as a non-cooperative country or territory (NCCT) in the fight against money laundering in June of 2001. Since that time, Burma "has still not addressed major deficiencies in its anti-money laundering regime," the FATF said in the press release. In particular, Burma has failed "to establish a framework to engage in effective international cooperation in the fight against money laundering, and its anti-money laundering law continues to lack the implementing regulations necessary to make it enforceable." The FATF said that it will review the situation in Burma at its next plenary meeting in February of 2004..."
Language: English
Source/publisher: Financial Action Task Force on Money Laundering (FATF) / Groupe d'action financière sur le blanchiment de capitaux (GAFI)
Format/size: pdf (143.89 KB)
Alternate URLs: http://www.fatf-gafi.org/
Date of entry/update: 08 September 2010

Title: Money laundering and financial crimes
Date of publication: March 1998
Description/subject: International Narcotics Control Strategy Report, 1997. What Is Money Laundering? People who commit crimes need to disguise their money so that they can then use it. This truism is the basis for all money laundering and tax fraud, whether that of the drug trafficker, organized criminal, terrorist, arms trafficker, blackmailer, or credit card swindler. Money laundering generally involves a series of multiple transactions used to disguise the source of financial assets so that those assets may be used without compromising the criminals who are seeking to use the funds. Through money laundering, the criminal tries to transform the monetary proceeds derived from illicit activities into funds with an apparently legal source..."
Language: English
Source/publisher: Bureau for International Narcotics and Law Enforcement Affairs, U.S. Department of State
Date of entry/update: 03 June 2003