faculty of law, university of latvia
Corruption and terrorism do not only join forces in conflict-affected countries where criminal activities are likely to flourish. In any country where endemic corruption has made the country itself or its neighbors vulnerable to terrorist activities, terrorist organisations are ready to use it to finance and perpetrate their acts. Like criminals and those ready to take their bribes, terrorist organisations depend on the same legal grey areas and the porosity of the financial sector to channel their financing. As such, no country is totally immune.
Organization for Economic Cooperation & Development (OECD)
Terrorist Financing - Money Laundering Exposed - Remember what we're fighting for | Lexis-Nexis | 30 April 2019
Terrorist Financing and Anti-Money Laundering Regulation | KPMG US | 27 Jan. 2016