There is recognition that corruption and money laundering are interrelated. Corruption generates huge profits/proceeds that need to be laundered in order to be given an appearance of legality. Cases that have been adjudicated in the courts of law in several jurisdictions over the last several years illustrate clearly the connection between money laundering and corruption.
Consequently, by looking into the financial aspects of corruption activities, anti-money laundering tools can and should be used as a powerful vehicle to deprive criminal of their ill-gotten assets and ultimately contribute to deterring acts of corruption.
The course consists of five training modules and a simulated case study. The main goal of the course is to help anti-corruption agency officials to reorient their approach to combating corruption. Instead of just proving the corruption act they are guided on how to start an investigation on the proceeds of such corrupt act. The thread that connects all five modules and the case study is that the issues addressed in all of them are based on real adjudicated cases.
The modules have a universal approach to the issues and cases covered. As such when being delivered in-country, it is expected that agencies using the modules will customize the content of the modules to the legislative and operational frameworks (such as anti-corruption, anti-money laundering, banking laws, rules of evidence etc), as well as to the economic and social realities of the jurisdiction (such as predominance of cash in the economy, criminal environment, etc).