POLICY AND JURISDICTION ISSUES

Abstract

There has been a steady trickle of press reports into cases of so‐called ‘grand corruption’. The scale of the wealth reported to have been acquired in such cases is staggering and can even threaten economic development and stability of whole countries. One can but contrast this wealth with the poverty of countries that have been the victims of corruption in such cases, namely the people of the countries in question. While there is nothing new about corruption the impression gained from press reports is that the problem of grand corruption is getting worse. Obviously it is difficult to know whether this really is the case as there is a complete and understandable absence of reliable data on the extent of the problem.

Citation

(2000), "POLICY AND JURISDICTION ISSUES", Journal of Money Laundering Control, Vol. 4 No. 2, pp. 107-118. https://doi.org/10.1108/eb027268