Swiss banks and Africa�s kleptocracy
Friday, January 29, 2016
Arguably Switzerland has one of the best banking systems in the world and this unique system has attracted to that country’s banks a chunk of global foreign financial lodgement, but unfortunately over the years, large numbers of depositors included people with dubious sources of wealth especially from Africa.
For more than half a century the Alpine nation of Switzerland has built a reputation as the world’s centre for tax evasion, fraud, money laundering, racketeering, save haven and above all a staunch ally of corrupt African leaders and a great beneficiary of third world corruption.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...