04
Dec
In a recent development, the Directorate of Revenue and Intelligence (DRI) is all set to have a discussion on trade-based money laundering with representatives of Australian Border Force, Her Majesty's Revenue and Customs from the UK, Customs Administration of the Netherlands and Interpol through a video conferencing. Finance minister Nirmala Sitharaman will attend the celebrations along with minister of state for finance Anurag Singh Thakur. Trade-based money laundering is the process of disguising the proceeds of crime and moving value through the use of trade transactions by individuals, criminal networks, terrorists etc; in an attempt to legitimise its illicit origins.…
