The Egmont Group -- Financial Intelligence Units from 151 jurisdictions, with 19 other observer organizations -- issued its latest Communiqué from its meeting in Monaco last week, targeting terrorist financing.
Entries in Mali (4)
The terrorist attacks in Burkina Faso at the Splendid Hotel and the recent carnage in Mali at the Radisson are about more than terrorism -- they are also reminders of the grave consequences of state institutions weakened by the effects of engrained and deep seeded corruption.
Layne Christensen Company, a Texas-based water management, construction, and drilling firm, paid just over $5 million Monday to resolve FCPA charges brought by the SEC for bribes in a half dozen Africa countries to reduce taxes and speed up customs inspections and work permits.
Fifteen countries currently at war against an external enemy or internal insurrection have an average ranking on the corruption perceptions index of 150 (the cpi ranks 175 countries). Two of them -- Somalia and Afghanistan -- are tied for last place at 175. The highest ranked nation among those on the war list sits in the bottom half of the cpi. That's Colombia at 94.