Ndikumana, Leonce and Boyce, James K

Rich Presidents of Poor Nations: Capital Flight from Resource-Rich Countries in Africa - Geneva Association of Concerned Africa Scholars 2012 - 6p.

Recently some African presidents have featured in media headlines not for their heroic accomplishments as leaders but for robbing their nations and siphoning their ill-gotten gains to safe havens. Since 2010, French judges have been investigating illicit wealth accumulation by the presidents of the Republic of Congo, Gabon, and Equatorial Guinea, all of whom are accused of embezzlement of public funds, money laundering, and plundering national wealth.

Capital Flight Illicit Wealth Money Laundering