Volume : 7, Issue : 10, October - 2018

Money laundering under the divisions and legislation of Iraqi law

Alaa Khalid Khalaf Alhalboosi

Abstract :

<p>&nbsp;we discussed the Iraqi Law No. 39 of 2015, where no de􀃶nition is mentionedFor the crime of money laundering, but</p> <div>only to mention the acts of which the perpetratorsAs well as the crime of money laundering in several stages and</div> <div>methodsMoney laundering operations are carried out. With the intention of concealing and disguising illegal fundsAnd to make them</div> <div>legitimate. Finally, we address the research on the negative effectsMoney-laundering, whether economic, such as depletion of national</div> <div>incomeAnd unfair distribution. Such as unemployment and its impact on society and declineThe standard of living with the mentioned</div> <div>effects in Iraq.</div>