Financial Transparency Coalition

The U.S. Department of Justice filed a 118-page lawsuit this week regarding the alleged corrupt practices of Teodoro Nguema Obiang, son of the President of Equatorial Guinea.  The lawsuit, among other things, requested that a U.S. judge confiscate many of Obiang’s lavish possessions because they were obtained using the proceeds of alleged corruption.  The DOJ’s

Tuesday's Top News Stories from Global Financial Integrity.

Transparency International Chair Huguette Labelle wrote a great article in The Huffington Post today. As the G20 meets in Los Cabos, Mexico today, world leaders will try and solve global issues. Financial transparency has always been on the agenda, but world leaders have at times struggled to act.

To Ensure Stability, G20 Should Tackle Tax Haven Secrecy, Curtail Illicit Financial Flows GFI (Press Release), June 18, 2012 The northern roots of southern Europe’s revenue problem Transparency International (Press Release), June 15, 2012 Coming To America (to launder his millions?) The Independent (UK), June 16, 2012 Provide infrastructure for anti-money laundering’ The Nation (Nigeria),