July 24 2019
Corruption isn’t something that happens only in hardscrabble countries led by dictators and plagued by instability. It happens everywhere. A new book by British investigative journalist Oliver Bullough shines light into the dark world of money laundering to show how the rich and powerful stay that way. Public money is stolen and siphoned away from poor countries at the expense of citizens, while private money is invested in wealthy nations where the well-heeled bask in luxury. Bullough even runs Kleptocracy Tours in London, pointing out high-end homes owned by some of the world’s elite. Bullough spoke from his office in Wales to the Knowledge@Wharton radio show on SiriusXM about his book, Moneyland: The Inside Story of the Crooks and Kleptocrats Who Rule the World.