Portugal is being bought up by elites from its former colony, Angola – with no questions asked about the sources of their wealth. (NYT)
Cambridge University Press reversed its decision to block access to online articles following demands by Chinese authorities. “Xi’s crackdown on corruption has been accompanied by a crackdown on dissent and a new determination to bend ‘truth’ to Chinese reality,” says Paul Mason. (Guardian)
China’s top prosecutor announced another crackdown on financial crimes. Firms engaging in corrupt practices in China are increasingly subject to double jeopardy prosecutions in their home jurisdictions. Meanwhile, China has become the world’s biggest money …read more
Source: Kleptocracy Initiative