May 11th, 2010
Crisis sparks backlash against Greek political graft
Reuters, May 11, 2010
Football, poverty and tax havens – tackling financial secrecy
Christian Aid, May 11, 2010
New rules will force Leeds to reveal owners' names
The Guardian, May 11, 2010
Ex-Mexican Governor Laundered With Lehman, U.S. Says
Bloomberg, May 11, 2010
US urged to probe Saudi business spat
Financial Times, May 11, 2010
Top JPMorgan adviser says fired for whistleblowing
Reuters, May 10, 2010
ABN AMRO bank pays 500 million for busting US sanctions
AFP, May 10, 2010
Dictator’s son...
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May 11th, 2010
Global Financial Integrity lead economist, Dev Kar, has prepared an
analysis on the Greek financial crisis for the
blog of the
Task Force on Financial Integrity & Economic Development in which he looks at the
role illicit financial flows— Greece lost an estimated US$160 billion in unrecorded transfers through its balance of payments in the last decade—played leading up to the current financial crisis.
In the piece Mr. Kar writes:
Even as Greece’s debt burden grew ever more onerous, its burgeoning underground economy fueled massive illicit financial flows, or illegal capital flight, out of...
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May 10th, 2010
Organised labour links mass poverty to corruption in government
Nigerian Compass, May 10, 2010
EU Lawmakers Back Risk Board, Delay Hedge-Fund Vote
Bloomberg, May 10, 2010
James R. Carroll: Turquoise water, pink sand and low taxes
The Courier-Journal (Kentucky, USA), May 10, 2010
Plan will grant clemency to Israeli holders of foreign bank accounts
Ha’aretz, May 9, 2010
Tattling for Dollars: The Growing Ranks of IRS Informants
Daily Finance, May 8, 2010
UAE signs deals to fight money laundering
Emirates Business 24/7, May 9, 2010
Egypt Islamists to stand...
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May 10th, 2010
Transparency International:
CAIRO/BERLIN—Under-developed public accountability systems are hindering efforts to combat corruption in Egypt, Lebanon, Morocco and Palestine, according to a new report by Transparency International (TI) anti-corruption organisation. The report points to major gaps in legal anti-corruption provisions and a worrying lack of resolve to introduce effective practices to curb the problem, which pose a risk for sustainable development, social cohesion and economic growth.
“In all countries studied the governance systems can be described as ineffectual,” said Christiaan Poortman, Director of Global Programmes at TI. “A key obstacle is unchecked executive...
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