Title:

Money laundering and wads of cash giving illegal wildlife traders the upper hand

Author(s):
Publication Year:
2021
Abstract:

"It is not uncommon for the money flows associated with illegal wildlife trade (IWT) to be linked to other crimes, such as fraudulent documentation or paperwork, trade-based money laundering including over-, under-, or fictitious invoicing, as well as corruption to facilitate the inflow of funds into SA," said the report. It emphasised that wildlife and wildlife products from SA are in high demand globally, with China and other Asian countries representing the largest markets. "Criminal networks have established a supply chain on the movement of illegal wildlife products through various stages, from source to poaching, and then through various transit points until reaching the consumer at its destination," it said.

Series Title:
TimesLIVE
Type:
Newspaper
Item Type:
Report
Language:
en

EIS custom tag descriptions

This article is part of the Namibian Wildlife Crime article archive. The archive aims to:

  • provide easy public access to published information and statistics
  • enable easy stakeholder access to articles
  • provide a comprehensive archive of wildlife crime reporting in Namibia

» Search the Namibian wildlife crime article archive.