Browsing by Author "Santa Baya, Mercelyn"

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    The Money Laundering Phenomenon: Preventive Legal Measures and Practical Problems of Implementation: A case Study Of Kenya.
    (Kampala International University, bachelors degree of laws, 2012-12) Santa Baya, Mercelyn
    Money laundering is a global phenomenon. Globalization and technology have resulted in an increase in international commerce, capital flows and the movement of goods and services across borders. Such factors have also increased opportunities to launder money and reintegratethe proceeds of crimes into the legitimate economy, in response to such developments as well to perceive threats to the national economies. Although Kenya recently enacted a legislation to combat money laundering, it has not really served the intended purpose bringing worries about this malaise which is yet to reduce. It is these worry which stimulates this discourse and which galvanizes this piece to advocate for more global actions against the scourge of money laundering not only in Kenya but across the world.