Money laundering is the process of disguising illegally obtained money to make it appear legitimate. It involves three stages - placement, layering, and integration. Placement involves introducing illegal funds into the financial system. Layering involves moving and disguising the funds through transactions to hide their source. Integration makes the funds appear clean through investment or use. Money laundering damages markets, reduces tax revenue, and deters foreign investment while enabling criminal activities like drug trafficking and corruption. The Anti-Money Laundering Act of Bangladesh criminalizes money laundering and non-cooperation with investigations.

3.  The word ‘laundering’ derived from the word ‘laundry’
which means cleaning and calendaring something.
 According to Swiss Bank ‘‘M/L is a process whereby the
origin of money or fund generated by illegal means is
concealed’’
 Money laundering refers to the conversion or transfer of
property, knowing that such property is derived from any
offense. Ex- drug trafficking, bribery etc.
 Money laundering is the process used to disguise the
source of money or assets derived from criminal activities.

4. Profit generated from different criminal
activities are disguised through money
laundering
Criminal
Activities
Drug
Traffic
king
Gambli
ng
Smuggl
ing
Bribery
&
Corrup
tion
Extorti
on
Terrori
st Act
Kidnap
ping

6. • Placement is the first stage of money
laundering process in which illegal funds
or assets are brought into financial system
directly or indirectly.
Placement
• In this stage funds and assets are moved,
dispersed and disguised to conceal their
origin.
Layering
• Integration is the third stage of money
laundering process where illegal money and
assets are successfully cleansed.
Integrati
on

8.  Make crime profitable business
 Damage market integrity
 Diminish Govt. tax revenue
 Contaminate the industry
 Risk for financial institution
 Deter foreign invest investment

9.  Sec.4 for involvement by any means with M/L 6 month to 7
years imprisonment with fine of max. The money involved
with the crime will be confiscated.
 Sec.5 for violating attachment order to Freezing order
either min. 1year imprisonment or fine min. 5000 taka.
 Sec.6 for divulging information for impeding the
investigation either min. 2 year imprisonment or fine of
min. 10000 taka or both.
 Sec.7 for refusing to assist or co-operate with authorized
investigating officer, without any reasonable ground either
min. 1 year imprisonment or a fine of min. 5000 taka or
both.