The theft of Mexican state oil company Petroleos Mexicanos (Pemex) illustrates how an unaccountable kakistocracy combined with an allied kleptocracy can loot the public blind. Last week, authorities arrested Former Pemex CEO Emilio Lozoya Austin (2012-2016) in an upscale suburb of the southern Spanish port city of Malaga. Lozoya was a close associate of and […]
Former Danske Estonia Boss Found Dead Amid Money Laundering Inquiry…
A former head of Danske Bank’s (DANSKE.CO) Estonian branch, which is at the center of inquiries into the world’s largest money laundering scandal, was found dead on Wednesday. Police in Estonia discovered the body of Aivar Rehe, who ran the Danish bank’s Estonian business between 2007 and 2015 and had been among those questioned as […]