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Money laundering: Guinea among african countries that invest dirty money in real estate in the United States

25/08/2021
Categories: General Information

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The NGO Global Financial Integrity (GFI) and the Financial Transparency Coalition working group have published a report on Guinean investments abroad. This study places Guinea high on the list of countries with high investment in the United States.

 

The survey, published in early August, is signed by analysts Lakshmi Kumar and Kaisa de Bel and is entitled "Acres of money laundering: why American real estate is the dream of kleptocrats." according to Jeune Afrique, the study analyzes more than 100 cases of money laundering in the money laundering sector. real estate reported between 2015 and 2020 in three Anglo-Saxon countries, including the United States, the United Kingdom and Canada. "The report identifies that in about 13% of the cases studied, the illicit money came from sub-Saharan Africa: Guinea, Gambia,  Nigeria and the Republic of Congo," reads among other lines on Jeuneafrique.com.

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