ISSN: 2225-8329
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The serial theories used to answer the research issue, such as collaborative theories, ethical dilemmas, and intellectual opportunism, are presented in this paper. Furthermore, this study deals with numerous concepts that serve as the foundation of this research, namely the Money Laundering Typology, Money Laundering Intention, desire of money, and corporate culture. Money laundering has become a worldwide problem that has extended to many countries. Although this illicit procedure is not new, it has posed a threat to many governments and communities because many organised crime groups support it. Although money laundering is a global phenomenon carried out through an international collaborative process that has certain negative consequences for many parties, it nonetheless finds a way and the ingredients to expand and develop consistently. The methods and techniques used in ML practise vary greatly. For example, the perpetrator's ML in the banking sector and non-banking by utilising professional facilitators, the establishment of fake companies, investment in real estate fields, insurance product purchases and securities companies, as well as the misuse of corporate vehicles are all used.
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In-Text Citation: (Karim et al., 2022)
To Cite this Article: Karim, A. S., Mohamed, N., Ahmad, M. A. N., Prabowo, H. Y., & Suffian, M. T. M. (2022). Money Laundering Intentions of the Bankers: Some Insights from Past Literature. International Journal of Academic Research in Accounting Finance and Management Sciences, 12(3), 170–186.
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