It's the luxuries that give it away. To fight corruption, follow the goods
- Written by Reza Tajaddini, Senior Lecturer in Finance, Swinburne University of Technology
For individuals engaged in corruption, the luxury sector is an attractive vessel to launder illicit funds.Shutterstock.comThere is disquiet about the French owners of the luxury brands Luis Vuitton, Christian Dior, Givenchy and Gucci giving a whopping €300 million to the rebuilding of Notre Dame Cathedral. Such largesse, critics say, could be...
Read more: It's the luxuries that give it away. To fight corruption, follow the goods
