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Elizabethan courtiers hid many of their assets behind nominees. If Chinese leaders are also using nominees who aren't family members (I don't see why they would
by pg 14y ago
Elizabethan courtiers hid many of their assets behind nominees. If Chinese leaders are also using nominees who aren't family members (I don't see why they wouldn't), the fortunes they control could be a lot bigger than the NYT can discover.
- jagira 14y agoIndian leaders are known to hide their illegitimate wealth and other assets behind nominees or shell companies. Recently, anti-corruption crusaders and media have unearthed some massive hidden fortunes. http://www.globalpost.com/dispatches/globalpost-blogs/india/india-corruption-bipartisan-gadkari http://www.globalpost.com/dispatches/globalpost-blogs/india/...
- kamaal 14y agoWhat the anti corruption crusaders are likely to unearth might be a very tiny fraction of tiny fractions of illegitimate wealth. They can do nothing as activists themselves. The financial and other powers these people are too powerful to bring them down. The only other way is to go the political route which Arvind Kejriwal is doing now, but we already know to do anything big in politics you will likely not be able to do it, unless you are corrupt yourself and allow donations from other shady sources.