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The (anti) corruption London bus tour

Tom Fox | November 8, 2017

I recently saw a report that there is a new London bus tour. However, rather than focusing on some of the more traditional sites of one of the world’s most iconic cities—such as Big Ben, the Tower of London, or Buckingham Palace—this tour features the proceeds of corruption. It is a tour of properties alleged to have been purchased with monies purloined from the country of Nigeria by the country’s former oil minister, the disgraced and now arrested, Diezani Alison-Madueke.

For every corrupt government official, there is an equally corrupt person ready to launder the money in some manner. One of the favorite mechanisms of corrupt officials from former British colonies was to purchase expensive properties in the City of London. The U.S. government has been at the forefront of attempting to recovery monies through its Anti-Kleptocracy legislation and related civil actions for properties situated in...

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