Inter-Governmental Action Group against Money Laundering in West Africa (GIABA)
Typologies Report on Laundering the Proceeds of Illicit Trafficking in Narcotic Drugs and Psychotropic substances in West Africa
- Senegal Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) 2010
- 82p.
This study analyses various facets of the legal and enforcement environment of AML and Drug trafficking in ECOWAS member States. As a contribution to that initiative, and in order to have a good understanding of the relationship between money laundering and drug trafficking in the region, this typologies exercise was conducted. Drug trafficking is the largest source of illicit funds globally. This is largely due to the wide gap between production cost and the final price the consumer pays, especially in Western Europe and North America.
