In the dark: Who is behind Luxembourg’s 4.5 trillion-euro investment fund industry?
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Our investigation with the Anti-Corruption Data Collective has found investment funds in Luxembourg largely operate in an opaque manner.
São Paulo: Does corruption live next door? Shell companies and the real estate sector in the largest city in the Southern Hemisphere
This report raises red flags about the lack of transparency in property ownership in São Paulo and identifies how real estate worth billions of dollars is owned through companies registered in offshore tax havens. In Brazil, as in many countries around the world, it is possible to hide the beneficial owner of companies that are buying property. The research shows that more than 3,450 real estate titles are owned through 236 companies that are registered in secrecy jurisdictions and tax havens, including in the British Virgin Islands, the US state of Delaware and Uruguay.
Related publications
Corruption Perceptions Index 2019
Publication •
The Corruption Perceptions Index scores 180 countries and territories by their perceived levels of public sector corruption, according to experts and business people.
People and Corruption: Latin America and the Caribbean
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This new report from the Global Corruption Barometer series is based on surveys with over 22,000 citizens living in 20 countries in Latin America and the Caribbean.
Tainted treasures: money laundering risks in luxury markets
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From Ukraine to Tunisia and Brazil, large-scale cases of grand corruption in recent years have involved the acquisition of luxury property, vehicles and goods.
