The Study of Money Laundering in Corruption

According to some international conferences, the black money laundered in the underground banks in China mainland is up to 200,000 million Chinese yuan, among which 30,000 million is from the bribes taken by government officials. The so-called crime of money laundering with Chinese characteristics by some international reporters mainly consists of two types: synchronous money laundering and end-to-end money laundering. The reason why money laundering is so rampant in the corruption is due to the flaws in current laws and administrating regulations. Therefore, in order to take effective measures against money laundering in corruption, counter-money-laundering law must be constituted as soon as possible. In the meanwhile, the building of audit-system-centered administrating system for government officials must be strengthened.