Financial Transparency Coalition

This weekend, The Economist—building off information discovered by Task Force member Global Witness—released an extensive feature on the operations of the "Queensway syndicate," a corporate partnership centered around the trade of oil from Angola to China.  Through a series of shell companies, family relations, and personal ties dating back to the Cold War, a network of Chinese and Angolan business-people purportedly dominate many African resource markets, generally doing so through illicit means. In order to gain access to valuable mineral resources across the African continent, the syndicate allegedly promised developmental aid, generally in the form of infrastructure development,...