Menu

More News

The Secret Life of a Shopaholic: How an African dictator’s playboy son went on a multi-million dollar shopping spree in the US
November 18th, 2009
A new Global Witness report, ‘The Secret Life of a Shopaholic: How an African dictator's playboy son went on a multi-million dollar shopping spree in the US', strongly suggests that Teodorin Obiang, son of the dictator of oil-rich Equatorial Guinea, purchased a $33 million private jet, a $35 million Malibu mansion, speedboats and a fleet of fast cars using corruptly acquired funds. The report goes on to explain how, despite the ample evidence against him, the investigation is going nowhere and Teodorin continues to be allowed into the U.S.
Continue Reading
TI’s 2009 Corruption Perceptions Index
November 17th, 2009
Transparency International's 2009 Corruption Perceptions Index (CPI). The CPI, released annually since 1995, aims to quantify corruption by measuring the perceived level of public-sector corruption over 180 jurisdictions worldwide.
Continue Reading
The Foot Report
October 29th, 2009
The final report of Michael Foot’s Review of the opportunities and challenges facing the British Crown Dependencies (Guernsey, Isle of Man, Jersey) and six Overseas Territories (Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Gibraltar, Turks and Caicos Islands) was published on 29 October. The recommendations made to these jurisdictions cover: the quality and extent of economic planning; meeting international standards on tax transparency, financial sector regulation, and tackling financial crime; ensuring that deposit protection schemes can be understood by depositors; considering whether an Ombudsman scheme is justified; and crisis prevention and resolution measures.
Continue Reading
Follow @FinTrCo