15 min listen
Organised crime and financial secrecy
FromThe Taxcast
ratings:
Length:
40 minutes
Released:
Feb 23, 2023
Format:
Podcast episode
Description
After 30 years on the run, Italy's most wanted fugitive Matteo Messina Denaro of the Cosa Nostra has been arrested in Sicily. We look at the costs of organised crime, both economic and societal, the contagion that financial secrecy facilitates, and how to reverse the rot. Secrecy jurisdictions and tax havens have made it possible for mafiosi to progress from crossing physical borders with bank notes stuffed in suitcases, to being able to pour unlimited amounts of money into the financial system. Dirty money in, ‘clean’ money out. That money destabilises economies and corrupts democracies, while organised crime toxifies societies. The problem is that financial secrecy and tax havens are also the friend of commerce, multinationals and wealthy, powerful people worldwide... Featuring: Professor of Criminology, Federico Varese Journalist, Stefano Vergine Surgeon in Malta and opinon piece writer, Kevin Cassar Hosted and produced by Naomi Fowler of the Tax Justice Network Transcript available here: https://taxjustice.net/wp-content/uploads/2023/02/Taxcast_Transcript_Feb_2023.pdf (Some is automated) Our website (with links to further reading) is available here: https://www.thetaxcast.com
Released:
Feb 23, 2023
Format:
Podcast episode
Titles in the series (100)
Trade mispricing - the tricks of the trade #6: Trade mispricing - the tricks of the trade #6 by The Taxcast