
Hazy money: Trump towers at Miami Beach. Photo CC BY-NC-ND 2.0: Jerry Edmundson / Flickr. Some rights reserved.Western investors are turning to Russia in the hope of fast bucks and savings on social and environmental costs. Russian officials and business owners transfer their assets to tax havens and Swiss banks. Who benefits from transborder corruption – and who pays for it? oDR has been talking to members of the EU-Russia Civil Society Forum’s “Fighting Transborder Corruption” working group.
Discussing this topic with us are: Konstantin Rubakhin, coordinator of the “Save Khoper” movement and author of numerous investigations into corruption; Andrey Kalikh, independent journalist, coordinator of the working group “Fighting Transborder Corruption”, and independent journalist and investigator Anastasia Kirilenko.
Transparency International’s working definition of corruption is “the abuse of entrusted power for private gain”. Corporate gain can also be included in this definition. What exactly is the gain from transborder corruption, the scale of which goes far beyond freebie watches, yachts, training shoes or even property?