Corruption and Money Laundering

Sven Stumbauer ()

Chapter Chapter 18 in The Next Wave of Global Anti-Money Laundering Enforcement, 2025, pp 157-168 from Springer

Abstract: Abstract Corruption and money laundering represent significant and pervasive challenges that threaten the integrity and security of financial systems across the globe. This chapter focuses on the complex connections between these two forms of criminal behavior, focusing on real-world examples that illustrate how they reinforce each other. In particular, the Petrobras affair in Brazil is a prominent and extensive example of corruption that is closely associated with systemic corruption. The 1Malaysia Development Berhad (1MDB) case serves as a stark reminder of the vulnerabilities present in financial systems worldwide, emphasizing the need for stronger safeguards against these transgressions.

Keywords: Corruption; Systemic corruption; 1Malaysia Development Berhad (1MDB); Malaysia; Brazil; Petrobras (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-05824-0_18

Ordering information: This item can be ordered from
http://www.springer.com/9783031058240

DOI: 10.1007/978-3-031-05824-0_18

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().