by Eze Eluchie
Whilst one congratulates the Government and peoples of the United States of America on this epoch making victory against corruption, the need to globalize the impact of the forced closure of Swiss bank, Wegelin, can not be over stated.
Whilst one congratulates the Government and peoples of the United States of America on this epoch making victory against corruption, the need to globalize the impact of the forced closure of Swiss bank, Wegelin, can not be over stated.
The
continued existence of criminally minded banking institutions in
the mold of the Swiss bank, Wegelin, anywhere in the world, whether in
Dubai, the Cayman Islands, or other offshore havens, represents a potent
threat to US and the international communities interests, and concerted
efforts ought to be made to root out
such
There
is incontrovertible proof linking loot stashed away from African
countries in Banks similar to Wegelin, with global terrorism, human
trafficking and other base international criminal acts. Corruption by
kleptocrats manning African countries have likewise led to genocidal
wars, mass dislocation of populations, proliferation of adverse health
conditions and ultimately deaths of millions on the continent.
It
is truly hoped that efforts by the international community to root out
these international criminal vices must be holistic - which means, rogue
banking institutions where funds looted from African countries are
presently deposited should begin to be ready to 'vomit' such funds and
wind up, just like Wegelin.
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