Fiscal control and its role in preventing money laundering through public procurement

Illicit capital is increasingly present in our economies and the owners of such capital need to incorporate it into the market and turn it into legal. Public procurement becomes an appropriate mechanism for this, as the State is the principal purchaser of goods or services and contractor of works in...

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Detalles Bibliográficos
Autor principal: Vivas Roso, Jessica
Formato: Artículo revista
Lenguaje:Inglés
Publicado: Universidad Nacional del Litoral 2025
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Acceso en línea:https://bibliotecavirtual.unl.edu.ar/publicaciones/index.php/index/article/view/14399
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Sumario:Illicit capital is increasingly present in our economies and the owners of such capital need to incorporate it into the market and turn it into legal. Public procurement becomes an appropriate mechanism for this, as the State is the principal purchaser of goods or services and contractor of works in any country, however, allowing the legitimization of illicit capital through public procurement is a dangerous weapon that would encourage the development and increase of illegal activities to the detriment of people’s quality of life, hence the need to identify possible mechanisms for preventing the legitimation of capital that can be used in public procurement and point out what role would be played by fiscal control bodies in this work of prevention.