A Chinese billionaire may have quietly stashed six percent of the world’s aluminum, worth $2 billion, deep in the Mexican desert. (WSJ)
Endemic corruption and oligarch domination are driving a brain drain from Eastern Europe. (Carnegie)
London-based Russian oligarch Alexander Zhukov, father-in-law of Roman Abramovich, has been linked to a network of offshore companies dating to the 1990s. Mikhail Fridman is undertaking a £35 million renovation of a north London mansion. (Guardian, Camden New Journal)
A “dirty war” is being waged against independently-minded Ukrainian journalists. (Newsweek)
The mayor of Tianjin is being investigated for corruption. (Reuters) …read more
Source: Kleptocracy Initiative