Global Financial Integrity

Since the collapse of the Soviet Union, Russia’s kleptocratic regime, backed by the KGB and other secret agencies, has cultivated an untouchable caste of rich and powerful oligarchs in Ukraine.

Offshore companies are one of the most important, if not the only, way for businesses to acquire investment capital in Georgia.

Whistleblowers are vital to revealing and combatting illegal offshoring activity, and to identifying the networks of “respectable” white collar enablers who make these crimes possible.

Author and journalist Ben Judah interviews Rhode Island Senator Sheldon Whitehouse about ways that secrecy jurisdictions and offshore tax evasion are destabilizing global economies and ways that the U.S. Government can help de-create the offshore system.

No country has used offshores more than Russia. In many ways, offshore companies have become integral parts of the Russian economy.

Jack Blum, DC Forum Executive Committee member, discusses the devastating impact of hidden money in offshore accounts has on tax revenue for the United States and other global economies.