Politically exposed persons and economic criminality : the case of Tanzania

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Date

2015

Journal Title

Journal ISSN

Volume Title

Publisher

University of the Western Cape

Abstract

It is estimated that each year between $20 billion and $40 billion are lost from the economies of developing countries as a result of political corruption. In Africa, corrupt practices, mostly by government officials, have facilitated illicit financial flows, which cost the continent more than $50 billion annually. This state of affairs raises fundamental questions about the management of senior government officials, also known as politically exposed persons (hereafter referred to as PEPs).

Description

Magister Legum - LLM

Keywords

Anti-corruption, Anti-money laundering, Enhanced due diligence

Citation