The tough task of stopping illicit financial flows and returning stolen assets is being complicated by slow progress and waning US leadership. When public officials steal millions from state coffers, it’s ordinary people who suffer. In Nigeria, for example, patients seeking treatment at understaffed hospitals fail to receive proper care, said David Ugolor, executive director of the Africa Network for Environment and Economic Justice (ANEEJ). The lack of money to repair classrooms means fewer children in school, while roads that go unrepaired increase the risk of traffic accidents. The problem in Nigeria, Ugolor said, “has gone beyond corruption – it’s state capture”. That means corrupt elites not only steal money but twist the law to maintain control. “And it’s deepening inequality and poverty in the country,” he said. Each year, Africa loses almost $90 billion (CHF72 billion) as corrupt officials and criminals send their ill-gotten gains out of the continent, the United Nations ...
Full story here
Are you the author?
Previous post
See more for
Next post
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › With US in retreat, can Switzerland maintain fight against kleptocracy?
Previous post
Next post
With US in retreat, can Switzerland maintain fight against kleptocracy?
Published on September 11, 2025
Permanent link to this article: https://snbchf.com/2025/09/switzerland-maintain-against-kleptocracy/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
15 days ago -
2025-07-31 – Interim results of the Swiss National Bank as at 30 June 2025
2025-07-31 -
SNB Brings Back Zero Percent Interest Rates
2025-06-26 -
Hold-up sur l’eau potable (2/2) : la supercherie de « l’hydrogène vert ». Par Vincent Held
2025-06-24 -
2025-06-25 – Quarterly Bulletin 2/2025
2025-06-25
Main SNB Background Info
-
SNB Sight Deposits: decreased by 15 billion francs compared to the previous four weeks
15 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
Weidel Zoff mit Kramer explodiert! Verfassungsschutz-Präsident eskaliert!
-
Army ammunition at home, unlawful surveillance and a million-franc number plate -
Tag 132
-
Amazon: Längere Rücksendefristen für Weihnachtseinkäufe
-
Eilmeldung: Ganze CDU kippt um! Desaster-Rente beschlossen!
-
EU Eskalation gegen ELON MUSK noch im DEZEMBER! Vance antwortet umgehend!
-
VENEZUELA NO ES UNA DEMOCRACIA -
Endlich: DM Chef Werner verpasst Campact volle Breitseite!
-
Bitcoin ETFs Become BlackRock’s Most Profitable Products
-
A Better Way to Understand Inflation
More from this category
- Bitcoin ETFs Become BlackRock’s Most Profitable Products
5 Dec 2025
- The Unjustified Conflict: Grant’s Memoirs on the Mexican-American War
4 Dec 2025
- The Lane Train (And the Rest of College Football Madness) Has Been Fueled by Easy Money
4 Dec 2025
Dollar’s Downside Momentum Stalls4 Dec 2025
- The Disasters of Government Enterprise
4 Dec 2025
- War Drums for Venezuela and the Financialization of College Football
4 Dec 2025
- Napoleon’s 1812 Russian Campaign: Masterclass in Pigheadedness
4 Dec 2025
- The Decline of Developed Nations’ Fiat Money
4 Dec 2025
- The Lane Train (And the Rest of College Football Madness) Has Been Fueled by Easy Money
3 Dec 2025
- Metals, Black Swans, and the Next Bust
3 Dec 2025
- Karl Popper: Critique, Science, and the Fragility of Freedom
3 Dec 2025
After Pausing Yesterday, the Greenback’s Slide is Extending Today3 Dec 2025
- Federal Interest Payments Surge to New Highs as Trump Spending Rises Yet Again
3 Dec 2025
Fed Regime Change: Groupthink May Be Ending3 Dec 2025
Black Friday Sales Results3 Dec 2025
Swiss inflation drops to zero in November3 Dec 2025
- Ron Paul: Hegseth In Hot Seat as ‘Murder-gate’ Picks Up Steam
3 Dec 2025
Swiss public sceptical over US tariff deal: survey3 Dec 2025
- 21st Century First 25 Years: US Government Bankruptcy
3 Dec 2025
- Stop the Drive to War with Venezuela
3 Dec 2025











