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> The worrying thing is that the West gave international legitimacy to these wealthy elites, while only pointing fingers at the endemic corruption in their coun
by pinkybanana 5y ago
> The worrying thing is that the West gave international legitimacy to these wealthy elites, while only pointing fingers at the endemic corruption in their countries.
Wouldn't it be quite difficult to prevent foreign money being laundered in some other country? I would guess verifying whether the money is legit coming from some weird foreign jurisdictions is probably quite difficult. The only way to work around that would probably reject all customers who are sending money from there.
- bluetomcat 5y agoThose oligarchs are a tiny minority of the country population and their international financial endeavours are almost always tracked by Western intelligence agencies, but the pragmatic interest of the West is to welcome that money. They buy the most expensive real estate in London without even negotiating, send their kids to elite schools, buy their wifes jewellery at outrageous prices.