Showing posts with label shell companies. Show all posts
Showing posts with label shell companies. Show all posts

Saturday, July 1, 2023

Can Russia Maintain Control of the Wagner Group in Africa?

 The New York Times published on 29 June 2023 an article titled "Can Russia Tame Wagner in Africa Without Destroying It?" by Elian Peltier and Raja Abdulrahim.

With the former head of the Wagner Group now in exile in Belarus, it is not clear how Russia will maintain the organization.  In Africa, it has so many separate parts and shell companies that the Russian government may not even be aware of all of them.

Friday, December 7, 2018

Sudan's Banking System

The Sudan Democracy First Group, whose members are from civil society and the media, published in December 2018 a report titled "Banking System in Sudan: Political Influence and Personal Interests Breed Corruption and Lack of Transparency."

The paper analyzes Sudan's banking system from its foundation in 1960 to the present date. This critical assessment argues that the Sudanese banking system lacks political, operational, and financial independence due to frequent intervention from government and other influential and corrupt persons in the banking business.