Businesswoman to be charged for structuring transaction to avoid detection by Bank Negara


KUALA LUMPUR: A businesswoman is expected to be charged on Tuesday (June 29) for structuring fund deposits into her business bank account to evade detection by the bank.

Structuring a transaction or better known as smurfing is a technique used by financial criminals to deposit or withdraw cash obtained from illegal activities.

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graft , bank , transaction , money laundering

   

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