Article Image

IPFS News Link • Corruption

Exposure of Major Corruption Scandal Spurs Call For More Global Government

• The Daily Bell

There's A Huge New Corporate Corruption Scandal. Here's Why Everyone Should Care. Bribery fuels political instability — and it's a propaganda tool for terrorists. – Huffington Post

The Huffington Post and Fairfax Media seem to have taken over the Internet with their huge story on corruption in the oil industry.

Here's how they summarize it:

A Fairfax Media and Huffington Post investigation has uncovered an extraordinary case of bribery and corruption in the oil industry, centered on Monaco-based company Unaoil. This is the story of the family [the Ahsanis] behind the company.

From the excerpt at the beginning of this analysis, we can see that HuffPo in particular is eager to establish the importance of its investigation and its reportorial impact.

It does seem to touch on high-ranking government officials in numerous countries including the Middle East. Large corporations have been mentioned as being involved, including such familiar names as Rolls Royce.

But could there be another reason for the furious publicizing of this story? In some sense, it seems to be a screed supporting the necessity for worldwide policing.

Global corporations, we are learning, have broken the law and an extraordinary international policing effort is surely necessary to deal with the criminal challenges.

One leading entity in this new worldwide policing effort is the FBI. You would think HuffPo might question why the FBI is leading the charge given that it is supposed to be a domestic US agency.

International corruption demands global solutions. The US – along with Britain, Australia and others members of the Anglosphere – is happy to provide the resources.

Predictably, corporate privacy is attacked. Transparency is a key element: For this reason, anonymous shell corporations ought to be done away with.

Monaco is prominently mentioned as providing a home for the company at the center of the corruption. Monaco's status as a tax haven has often proven vexatious to international crime fighters.


AzureStandard