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Tag Archives: personal gain through corruption
Money laundering extorts funds from citizens and whole countries
Abstract Corruption by heads of government is not a new problem. However, it has more serious consequences today when practiced by dictators or authoritarian leaders. The mobility of wealth prevents effective recovery of the assets; the size of the stolen … Continue reading
Posted in anthropocene
Tagged Africa, angola, authoritarian, banking industry, dictators, Epstein files, Ferdinand Marcos, increasing poverty, international relations, Isabel dos Santos, Jeffrey Epstein, law, offshore banking, personal gain through corruption, politics, President of the Republic of the Philippines, self aggrandizement, threats to economic development
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