Luanda Leaks: Isabel dos Santos and her Cape Verde banking paradise

As featured in Finance Uncovered

The Luanda Leaks


Tom Keatinge, director of the Centre for Financial Crime and Security Studies at the Royal United Services Institute think tank, said: “A PEP owning a bank in a weakly regulated jurisdiction like Cape Verde represents the perfect combination for a potential risk of facilitating money laundering.”He added: “A weak actor like Cape Verde offering international banking services represents a systemic vulnerability for the global financial system.”