Financial Transparency Coalition

If you only watch one video today, this one is for you. Task Force member Global Witness published their stunning investigation today. The documentary uncovers how corruption is facilitated in Malaysia. Hidden cameras show Malaysian money launderers explaining exactly how they are going to set up an anonymous shell company (complete with finding rural villagers to sign their names on as nominee shareholders), buy massive amounts of land from corrupt Malaysian officials, and move the money to a secret Singapore bank account. Malaysia lost $285 billion in 2001-2010 to illicit financial outflows, and Global Witness has vividly demonstrated how such...

LONDON - A new investigation by Global Witness today reveals the systemic corruption and illegality at the heart of government in Sarawak, Malaysia’s largest state. A film, shot undercover during the investigation, reveals for the first time the instruments used by members of the ruling Taib family and its local lawyers to skirt Malaysia’s laws and taxes, creaming off huge profits at the expense of indigenous people and hiding their dirty money in Singapore.

HOBART: An international request that Malaysia and Singapore take action to ensure their ports are closed to blacklisted fishing vessels which are illegally poaching in Antarctic waters has been applauded by WWF.