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Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)

The recent uprisings across the Middle East and North Africa have revolved around one common theme - a popular desire for freedom from repression.

Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)
Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)

Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)

The recent uprisings across the Middle East and North Africa have revolved around one common theme - a popular desire for freedom from repression.

But there has often been an economic undercurrent too. The lavish lifestyles enjoyed by dictators have fuelled widespread anger at the way national assets have been looted for the benefit of the few.

So what happens to all this wealth once it is spirited out of the country? Can it ever be recovered? And why does the international banking system make it so easy for corruption to flourish?
 
We asked veteran financial journalist, Steve Levinson, to look for answers.

 

 

Private Jets, Mansion in high-class neighborhoods around the world, Designer Clothes, Speed Boats and Yates, etc… are the pickings of commodities in the shopping cart by the looted wealth. (Image Al Jazera)

 

 Video By Al Jazeera

 

Source Al Jazeera.

 

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