Asian Journal of Research in Business Economics and Management
  • Year: 2018
  • Volume: 8
  • Issue: 3

Secrets of ‘Dirty Money’

Assistant Finance Manager, Shree Hospitals, Bhubaneswar, Odisha, India. tushar.ica11@gmail.com

Online published on 17 March, 2018.

Abstract

This paper presents the different aspect of Dirty Money, it's carriers and methods to convert them into White Money. It is also reflects the status in India as well as in Global. There is no doubt that existence of Dirty Money has a significant impact on social, economic and political level of our lives, which has a significant effect on the institutions of the Government. The word ‘Dirty’ is used to describe money that is used by such extreme anti-social elements as terrorists and even the Mafia. If we allow its use in the mainstream economy, there will be very bad consequences.

Keywords

Dirty Money, Black Money, Money laundering, Hawala