Bloomberg
When the playboy son of Equatorial Guinea’s president-despot bought a $35 million house in Malibu, California, in 2006, his neighbors, who included actor Mel Gibson and singer Britney Spears, barely blinked.
They should have taken a closer look. And leaders in Washington and other capitals must do more than that if they want to stop the world’s ruling kleptocrats from stashing loose cash in their countries.
Continue reading the article at Bloomberg.com…
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