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Powerful legal and financial services enable kleptocracy, research shows

Credit: Pixabay/CC0 Public Domain Powerful legal and financial service industries are enabling kleptocracy and corrupt elites to operate with relative impunity, a new study shows. The research details how "enablers" from these industries exploit deregulation and the under-enforcement of the law to game the system. They can offshore their clients' wealth, and enhance their reputations and influence via philanthropy, political donations, and the use of the UK's punitive libel regime. Most of this ...

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