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Law library · Sierra Leone · The Anti-Money Laundering Act, 2005

Section 2, The Anti-Money Laundering Act, 2005

Status not yet checkedThe Anti-Money Laundering Act, 2005, Sierra Leone

(1) It is an offence for any person to engage in moneylaundering. (2) A person engages in money laundering if he– (a) engages directly or indirectly in any transaction which involves property that is the proceeds of crime; or (b) receives, possesses, conceals, disguises, transfers, converts, disposes of, removes from or brings into Sierra Leone any property that is the proceeds of crime, knowing or having reasonable grounds to believe that the property is the proceeds of crime.

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