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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>How to Rob Africa: A Look into How the West Facilitates Moving Dirty Money | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="wxcGhfPn3h"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/11/how-to-rob-africa-a-look-into-how-the-west-facilitates-moving-dirty-money.html"&gt;How to Rob Africa:  A Look into How the West Facilitates Moving Dirty Money&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/11/how-to-rob-africa-a-look-into-how-the-west-facilitates-moving-dirty-money.html/embed#?secret=wxcGhfPn3h" width="600" height="338" title="&#x201C;How to Rob Africa:  A Look into How the West Facilitates Moving Dirty Money&#x201D; &#x2014; naked capitalism" data-secret="wxcGhfPn3h" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Anyone who has heard of, or better yet, read Nicholas Shaxson's book Treasure Islands knows how large and powerful the world of "offshore" finance is. The public tends to think of banks in the Switzerland or the Caymans or the Isle of Man, but these are merely the outposts of larger networks. Shaxson contends that the UK was the historical top dog in the murky world of tax avoidance but the US is now the leader.   This Aljazeera show gives a small window into the nitty gritty of how this industry helps corrupt African leaders loot their countries. The journalists show how trivial it is to find facilitators and to set up the companies that allow money to be moved across borders with the identity of the instigator well hidden.</description></oembed>

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