This research will begin with the statement that corruption happens to be a complex issue with its roots and ramifications in the society as such. Quite often we come across news items in media with stories of corruption prevailing in the police department. The law keepers are found at the wrong end. While such corrupt practices result in encouraging the illegal activities, an honest citizen at times feels frustrated. Generally, citizens do come across the police department on a number of occasions ranging from verification drive to minor traffic police offenses. Bribery and money laundering are the kind of corrupt practices which are being encouraged by some people in the corporate world as well in order to find a shortcut to beat the competition and find quick-fix solutions to some of the corporate issues. Swiss banks, which used to be heavens for money launderers have also, have also realized the need to be little more transparent in order to contain the corrupt practices. With increasing awareness about the ills of such social evils, the role of police has also come under the scanner. This study will, therefore, make some efforts to find the kind of steps being taken by the authorities to help make the police forces less corrupt.
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(Corruption Research Proposal Example | Topics and Well Written Essays - 250 Words)
“Corruption Research Proposal Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/sociology/293021-corruption.
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The key objectives of this study are:
Find out the general perception amongst the society about the corrupt practices prevailing in society.
Analyze the efforts initiated by authorities to contain corruption in the police and the efficacy of some such steps.
The author states that the government and various financial institutions have made significant efforts of preventing and detecting and fraud issues. This is when making transactions issues that involve dirty money. Corruption is a moral impunity that involves embezzlement of funds and bribery issues.
[Your full name] [Instructor’s name] [Course name and code] December 8, 2011 Money Laundering Introduction According to the Article 1 of the 1990 European Communities (EC) Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime (Council of Europe), the term money laundering is defined as: The conversion or transfer of property, knowing that such property is derived from serious crime, for the purpose of concealing or disguising the illicit origin of the property or of assisting any person who is involved in committing such an offence or offences to evade the legal consequences of his action, and the concealment or disguise of the true nature, source, location,
This has resulted in internationalization of business and other financial systems. Moreover, negative problems have also taken an international dimension. Corruption and money laundering are examples of crimes that have become internationalized. Corruption is an economic crime that entails abuse of public office.
Thus, it involves “turning dirty money into clean money”, “washing drug money”, and “disguising criminal money”. The concept of money laundering has evolved over the years and hence money legitimately earned but not disclosed through above means for avoidance purposes involves money laundering.
Money laundering is the result of various illegal activities. For example, across the US-Mexico border the drug trafficking business and illegal cash transfers from the US to Mexico is estimated at somewhere between $19 and $29 each year. It is difficult and cumbersome to understand how and in what way this cash is collected and delivered.
The 1990 convention was modeled on the forum of FATF developed by the G-7 countries, but over the years with increasing developments in the tools for fighting money laundering the convention has become increasingly inadequate.
The need for rectification has forced the member states into revisiting the convention and drawing up a protocol that would adapt the effective features of the 1990 convention combined with recent developments in line with current requirements of sophisticated technology and vulnerability of the non financial sector against money laundering.
The study finds out that political parties are perceived to be the most corrupt for the general public, followed closely by the public officials/ civil servants. This is worthwhile here to mention that unlike the national defence forces (army etc.) entire police control happens to be in the hands of politicians.
Criminals and terrorist organisations have a need for hiding funds acquired illegally through morally repugnant means and terrorist organisations need to launder money to hide their sources of finance to ensure that their operatives receive funding without raising
This crime is committed by the drug dealers, Big business men, Politicians, Illegal sales of arms, smuggling, corrupt officials, Mafia and private individuals and even states. This whole concept is basically the conversion of black money
4 pages (1000 words)Essay
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