Shell companies that cannot be traced back to their owners are one of the most important mechanisms by which corrupt officials transfer illicit wealth from developing countries. This process damages these countries’ development prospects. Clear international standards mandate that the real owners of all companies should be traceable, but this is often not enforced. Development agencies and developing country governments should work to prioritise more effective regulation of shell companies.
The role of donors in the recovery of stolen assets
Gretta Fenner Zinkernagel, Pedro Gomes Pereira, Francesco De Simone
Impact of foreign bribery legislation on developing countries and the role of donor agencies
Armed governance: the case of the CIA-supported Afghan militias
Antonio De Lauri, Astri Suhrke
Small Wars and Insurgency
150 million euros confiscated following vice-president Obiang’s conviction in France