Vincent Freigang

There are several reasons to be skeptical of the @financialtimes.com 's conclusions in this analysis

The biggest of which: there were some pretty major changes at Companies House in 2025 that could have explained this jump in the changing of director's details

Image of EU flags and passports in the back. The text says "Great news! The EU court of justice puts an end to harmful golden passport schemes". Transparency international.

🔵 GREAT NEWS! In a landmark judgement, the EU Court of Justice just ruled that Malta cannot continue operating its “golden passports” programme, which has allowed foreigners to acquire Maltese (and therefore EU) citizenship.

➡️ Our statement here: anticorru.pt/3b9

Happy to have had the opportunity to contribute to the OREO index! We combed through 24 countries to assess the quality of real estate data and AML frameworks for the real estate sector. Given the importance of real estate to money launderers of all stripes, this is very timely work by my colleagues

They also included exemptions for foundations & associations. Good thing the Kerimov Foundation was named what it was…

Dirty money’s hiding spots: How corruption funds disappear overseas -… How dirty money disappears overseas and corruption-linked African assets are hidden in wealthy nations

Instead of building schools and hospitals, billions in public funds from Africa vanish into offshore accounts, luxury real estate and shell companies.

We have analysed 78 cases, revealing where stolen funds end up. Check it out! ⬇️ https://buff.ly/3BoJPZ0

Loophole Masters: How Enablers Facilitate Illicit Financial Flows… How professionals such as lawyers, accountants and corporate service providers have played a critical role in enabling cross-border corruption schemes…

The findings are based on additional analysis of 78 cases of confirmed or suspected corruption and hiding of wealth offshore. Last year, we published a report ("Loophole Masters") on the non-financial enablers facilitating these cases.
www.transparency.org/en/publicati...

We also looked at how anonymous ownership of operational companies was used to further corrupt schemes. For example, Carlos Sao Vicente used Bermuda-based companies to inflate reinsurance contracts and siphon off funds.

More to come on this in the near future. Watch this space.

France, UAE, the UK and the US were all key destinations for hiding funds in real estate. The US topped the group in value with properties > US$ 560 mn.

Properties were often held in the name of companies and trusts from secrecy jurisdictions, but also in the name of domestic companies.

Secrecy jurisdictions and financial centres unsurprisingly topped the list of countries linked to the cases. 85% of the cases saw the use of a company or trust to obscure ownership of assets.

It covers:
🗺️ Key jurisdictions hosting assets linked to the cases
🏰 A closer look at real estate purchases
🏭 Use of anonymous ownership of operational companies

It underscores the need for stronger transparency of asset ownership, supervising enablers & strengthening global asset recovery efforts.

Dirty money’s hiding spots: How corruption funds disappear overseas -… How dirty money disappears overseas and corruption-linked African assets are hidden in wealthy nations

Yesterday we published our summary analysis of at least US$ 3.7 bn in corruption-linked IFFs from the African continent.
www.transparency.org/en/news/dirt...

UK property worth £6bn bought using suspicious funds Most deals channelled through companies registered in British Virgin Islands

🆕 Transparency International UK analysis published by @financialtimes.com has found almost 500 U.K. properties worth £6bn bought using suspicious funds channelled through the British Overseas Territories.

£5.5 billion of this is held by companies in the BVI. ⤵️
www.ft.com/content/7fcd...

Our latest investigation is out. Funds for Nigeria's fight against Boko Haram ended up in luxury US real estate while Nigerian soldiers ran out of bullets. Corruption is often international and, as this case shows, the impact can be dire.

cc: @anticorruption.bsky.social

Follow the thread below 👇