Free trade zones remain one of the weakest links in the fight against dirty money because of how easy it is to engage in the three stages of money laundering: placement, layering and integration. Find out more in my latest piece! https://t.co/thanvH1nZ8
@XPERTDelivery you have now cancelled my scheduled collection TWICE in the past week due to alleged "problems with the vehicle". On both occasions I have been left waiting at home like a fool - why are you so useless and incompetent?
@British_Airways I cancelled my booking and got a voucher instead. However, I only wanted to cancel the second leg of my journey (LDN-AMS) and the action has cancelled the entire booking. Could you please help?
#PandoraPapers data is from 14 offshore service providers - there are tens of thousand more out there. To say that the problem is endemic is as much of an understatement as saying that we have counted all the grains of sand in the world.
Stunningly good essay, even by @navalny standards, on how corruption underpins most of the โbigโ issues that leave naive Western policymakers scratching their heads, from Afghanistan failure to climate change.
Please take a couple minutes to read it! https://t.co/Cw6DZbQzUL
GFI's new report uses case analysis to identify trends in real estate money laundering
In the US:
๐82% of cases involved foreign money
๐จโ๐ผ53% involved politically exposed persons
๐ก90% involved residential properties
๐ข35% involved commercial properties
https://t.co/OevA7AyRld
Fantastic effort from civil society, private sector and academia to promote beneficial ownership transparency (and make my job much easier). But why haven't FATF and other public sector institutions added to the push?
๐ด 700+ signatories from 120 countries call on #UNGASS2021 to set a new global standard on #beneficialownership transparency. Our statement: https://t.co/eYd0ZkOyOz
Financial secrecy is a constant race to the bottom. The lowest bidder, the country asking the least questions and best investment incentives, will attract the offshore business model. Where to look after #OpenLux? Dubai the prime suspect.
@parcelforce thanks for losing my parcel. I have received confirmation from your team (after chasing for 3 weeks) that there is no way of locating it, and was told to file a claim with the seller. No responsibility from your side or willingness to resolve matter. Disgraceful.
Of the $22 billion awarded in contracts, about HALF went to companies with political connections, no prior experience or histories of controversy. https://t.co/BuNW8yQmXF
The new @ICIJorg investigation - #FinCENFiles - is making waves across Latinamerica.
From Mexico to Argentina, our partners have revealed the shady payments that flowed through banks in the region.
Here is a thread of #FinCENFiles stories in Latinamerica.
Further evidence that #FinCENFiles are, above all, a failure of government. The big auction houses facilitated transactions primarily because they weren't required to report suspicious activity.
Change the laws. Strengthen enforcement. Increase funding.
https://t.co/9Q6TPHFvnY
More than revealing any individual misdeeds, the #FinCENFiles are a monument to failed regulation.
SARs are supposed to be a tool to limit dirty money, but they seem, here, to be a hymn to a giant free-for-all.
More even than a failure by the banks, it's a failure by government
โWhat exploded in Beirut is not just ammonium nitrate. It is above all corruption, mismanagement, incompetency and cynical disregard for the security and lives of the people,โ said Dyab Abou Jahjah, summing up the mood of the nation https://t.co/4PG6YeWUEG
Former Prime Minister Najib Razak got 12 years in prison for first of many criminal charges. Now, the question on everyone's lips: What about Jho Low? #billiondollarwhale https://t.co/45hIfR9HFY via @WSJ
@tim_cook How about you pay tax on those massive profits your make each year? Health services are underfunded and understaffed for a reason. We don't need more false philanthropism, thank you very much.