Money laundering: Should the Inland Revenue Department play a greater role?
Money laundering is presently a very timely topic, locally and internationally. A perpetrator of the offence of money laundering could be defined as:
(1) Any person, who— (a) engages directly or indirectly in any transaction in relation to any property which is derived or realised directly or indirectly, from any unlawful activity or from the proceeds of any unlawful activity; (b) receives, possesses, conceals, disposes of, or brings into Sri Lanka, transfers out
