Lobbyists caught laundering money

February 12th, 2010

Russia Today

Washington lobbyists and lawyers helped launder millions of dollars for allegedly corrupt African politicians and their relatives, according to a two-year-long investigation by a Senate panel. The report, to be released Thursday, is part of a push by the panel chairman, Sen. Carl Levin (D-Mich.), to strengthen anti-money laundering and anti-corruption measures, which aides suggest could be added to the financial regulatory reform package moving through Congress. The report names a number of prominent foreign officials, including a former Nigerian vice president and the son of Equatorial Guineas president, as moving millions of dollars into the United States with little scrutiny.

Watch Global Financial Integrity legislative director Heather Lowe discuss the issue with Russia Today…

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