Sportswashing: The New Money Laundering and Sanctions Avoidance Mechanism
The term "sportswashing," referring to the use of sports organizations to launder money, evade sanctions, and legitimize illicit wealth, is gaining prominence in the international finance and crime community. This summary examines an intriguing case with Spain's La Liga Soccer League and MTN Irancell. The article offers essential insights into potential money laundering in the world of football, highlighting the need for stringent regulations and vigilance in this sector.