Offshore, Scoops
Earth Times News Service, June 22, 1997
Will people one day talk about the looting of Russia the way they recently talked about the looting of Zaire?
Western leaders meet this weekend (June 20-22) in Denver at the G-8 Summit on economic policy. They have the chance to take the drastic action needed to combat the criminalization of the Russian economy which threatens not only Russia but their own countries as well.
The G-8, which includes the US, Canada, the UK, France, Germany, Italy, Japan and Russia, probably won’t do anything to deal with this problem, but it won’t be for lack of knowing about it.
Money Laundering, Offshore, Scoops
Wall Street Journal, May 29, 1997
Three weeks ago, a conference was held in Curacao, Netherlands Antilles, on money laundering. Among those in attendance were two members of the Mansur family, which has gained international prominence for — you guessed it — alleged money laundering. Two other family members have been indicted by the U.S. attorney in Puerto Rico, but still enjoy life at home on Aruba, another Dutch dependency, and travel to Europe, beyond the reach of U.S. law enforcement.
The sponsors of the gathering included the Association of International Bankers of the Netherlands Antilles and the Association of the Compliance Officers of the Netherlands Antilles. The bankers and compliance officers of the Netherlands Antilles are, to say the least, not noted for rigorous action against money laundering — nor are their Dutch counterparts.
