@@ScienceWithRuchira එහෙම ගන්න පුලුවන් කියල මම අහල තියෙනව.එක කර්න්න ඔනෙ ජ්යත්ය්න්තර අදිකරනය හරහා .ගොඩක් තොරතුරු දන්නෙ නෑ. Plz do video for that your work is valuble for our society .thank you so much
Actually, Such a great explanation professor. A timely topic. We all must know about Money Laundering when living in a politically corrupt country like Sri Lanka. Thank you sir.🙏
Thanks Ruchira for educating general public on money laundering which is the result of this struggle at Galle Face and other towns of Motherlanka...!!!
First of all it's a great video with good clear explanation. As a person working in Financial investigations, I hope the following will enhance your message further. The "Placement" is the process of introducing the illicit money in to the legal financial system (this is where the criminals are more vulnerable). More common methods are: money mules, shell companies, havala banking etc. The "Layering" stage happens mostly within the legal financial system when criminals try to move the criminal proceeds further away from the actual criminal source (common methods : moving funds through multiple accounts). The "Integration" stage simply is where the illicit money/assets find its way back to the criminal or where the criminals get to use or enjoy the benifits of the illicit money. Once again, thanks for the great videos you are posting.
Sir world of offshore finance is still flourishing and never going to stop, I have studied a bit abut it but I haven't heard cases like in Sri Lanka for example "A consignment of 102 metric tons of 'printed material ????' airlifted through three charter flights of Airbus A333 from Colombo to Entebbe" immediately after this transaction *forex Reserves had gone up in Uganda*..... this is unreal......😇
Hope all citizens here in Sri Lanka will get a chance to listen and gain their knowledge. Lach of knowledge is a disaster 😔 Thank you sir for your wonderful explanation 👍
No one can stop money laundering entirely but banks has to play a huge role to stop entering these criminals in to the financial system. They should know their customers and do necessary due diligence time to time. All transactions needs to be monitored and escalate any concerns. If you are a banker you should know whom you are dealing with and if you are a customer you should support it. And sir. You’re doing a great job. Education is one of the things this country needed highly. Unfortunately there are only a handful of people to address the true need. Glad to see you one of them. Looking forward to see more valuable things from you.
