Essays about corruption, money laundering, crime, and international finance. Non-commercial edition. All rights reserved. This book, or any part thereof, may not be used or reproduced in any manner without written permission from: Lidija Rangelovska — write to: palma unet.
Slush Funds II. Corruption and Transparency III. Hawala, the Bank that Never Was V. The Enrons of the East IX. The Typology of Financial Scandals X. Maritime Piracy XII. Organ Trafficking in east Europe XV. The Criminality of Transition XX. Competition Laws XXX. The Benefits of Oligopolies. The Eureka Connection L.
The Author LVI. About "After the Rain". They funneled into these corporate fronts money from drug-related asset seizures. The idea was to infiltrate global crime networks but a lot of the money in "Operation Swordfish" may have ended up in the wrong pockets. Government agents and sheriffs got mysteriously and filthily rich and the whole sorry affair was wound down.
This bit of history gave rise to at least one blockbuster with Oscar-winner Halle Berry. Alas, slush funds are much less glamorous in reality. They usually involve grubby politicians, pawky bankers, and philistine businessmen - rather than glamorous hackers and James Bondean secret agents. The money was apparently skimmed off the proceeds of the opaque sale of the Tengiz oilfield.
Remitting it to Kazakhstan - he expostulated with a poker face - would have fostered inflation. So, the country s president, Nazarbaev, kept the funds abroad "for use in the event of either an economic crisis or a threat to Kazakhstan s security".
