Bruce Porter, Jackie Dugard, Daniela Ikawa and Lilian Chenwi
Edited by Jackie Dugard, Bruce Porter, Daniela Ikawa and Lilian Chenwi
Dealing with the Problem of PEPs
This chapter reviews the present position in the fight against money laundering by African PEPs. Despite their political power and influence, the chapter concludes that thanks to constitutional, legal and economic factors there is cause for cautious optimism that AML action at the national, transnational and corporate levels is having a positive impact. This is illustrated by the Thiam, Cashgate and Airbus cases and the disclosures from the Luanda Papers. The chapter also notes the vital role played by civil society organisations in supporting AML efforts.