Abstract taken from preface
This paper provides a summary of the Anti-Money Laundering measures in force in the Republic of Namibia before independence and shortly thereafter. It describes and analyzes those legislative measures employed by the Namibian government in the fight against money laundering when the crime was less common and less understood. Since the last Eastern and Southern African Anti-Money Laundering Group (ESAAMLG) mutual evaluation, which took place in July 2004, the Namibian authorities have taken measures to strengthen the Anti-Money Laundering framework. The changes have been primarily the promulgation of legal measures. The Prevention of Organised Crime Act, 2004 will be used in direct assessment of the effectiveness in the fight against moneylaundering in Namibia. A key contention of this thesis is that with a somehow sensitive issue as I try to determine `what goes wrong' even when all the right legislation, like the Prevention of Organized Crime Act, and other policies are in place
