Radji mohamed secondary school
Wednesday, December 01st, 2010
Classes : 3 TM, 3M, 3GE1+2
Teacher : Miss BOUSSAHOUA
The first English exam.
Money-Laundering
« Money laundering » is a popular term used to describe the process whereby criminals mask illicity acquired funds by converting them into seemingly legistimate income. It is the processing by which criminals proceed to disguise their illegal origin. Money laundering involves disguising financial assets so they can be used without detection of the illegal activity that produced them. Through money laundering, the criminals transform the monetary proceeds derived from criminal activity into possessions with an apparently legal source. Those criminal activities may be drugs, arms traffic, corruption,fraud and any mode of the organized crime.
Money laundering has a terrible effects on the countries because it : *avoid the detection of the criminal activities. *provides new resources to the criminal activities . *distorts financial markets. *destroys the real business activities generating a virtual capitalism.
The Financial Action Task Force (FATF) is an intergovernmental body whose purpose is the development and promotion of national and international policies to combat money laundering and terrorist financing. It is therefore a ’policy-making body’ created in1989 that works to generate the necessary political will to bring about legistlative and regulatory reforms in these areas. The FATF has published about 49 Recommendations in order to meet this objective.
PART ONE : Reading Cmprehension (8pts) 1- How many sentences are there in the first paragraph ? 3- Are the following statements True/False or Not mentioned (NM) ? – Money laundering helps the governments to detect the activities of the criminals. –The Mafia of the organized crime also uses money laundering. – Money laundering means : « to wash dirty money ». 4-Answer the following questions according to the text : - What does money laundering consist of ? -How do some criminals hide their unlawfully acquired large sums of money ? -Where does the ‘dirty’ money usually come from ?
5-What or who do the underlined words refer to in the text : their ; whose
6-Match each word with its corresponding definition :
1-purpose a-very bad
2-possession b-mask
3-terrible c-intention
4-disguise d-belongings
PART TWO : Mastery of language (7pts) 1- Spot the mistakes then correct them : Ethical behaviour ; these money-making faculty, organizing ability and finacial skill is with man his servants, not masters. 2- complete the table as shown in the example :
verbs nouns adjectives
to populate population/popularity popular
corruption
produced
3-Join the two sentences into one using « providing that ». I (spend) the afternoon in the library. It (be) necessary to finish her assigned. 4- Complete the second sentence so that it means the same as the first : a- The expansion of privatization increases the potential for private sector looting. The potentiel for private sector looting ………………………………………………..... b-The mishandling of privatization created the incentives for looting. The incentives for looting ……………………………………………………………….... c-We can not win the decisive battle against fraud A decisive battle against fraud……………………………………………………………. 5-Use the correct prefixes to form the opposites of the following :
Word used active
opposite
SECTION 02 : Written expression ; Choose one subject . (5pts)
Subject1 : Write a paragraph of not less than 180 in which you explain in your own words the meaning of « Money laundering ».
Subject2 : Does this phenomenon (Money laundering) exist in your country ? how do the criminals transform the monetary proceeds derived from criminal activity into possessions with an apparently legal source ?
GOOD LUCK
الرئيسية 
العاب فلاش 
