Information Center: corruption, 2004
Report detailing corruption by Riggs Bank, based in Washington D.C., in relation to over 60 bank accounts for the government of Equatorial Guinea. This report raises questions as to what should be done about this matter while detailing further corruptions made by the bank.
This article reports on the investigation of payments made by American oil comments to the family and friends of the president of Equatorial Guinea.
This article details the judicial investigation that a federal grand jury made into the hundreds of millions of dollars in funds that the Equatorial Guinea government held in Riggs Banks to determine whether the money stemmed from corruption.
Vizcaya reflects on the culture, music and political climate of Equatorial Guinea. There is an emphasis on the corruption in the governent today.
Governments of resource-rich developing countries often do not provide information about their revenues from natural resources, nor do multinational extractive companies publish information about payments made to the governments of those countries. Such opacity hides billions of dollars worth of financial impropriety, according to this Global Witness report.
This article assesses the changing nature of the contemporary political economy of Equatorial Guinea. It provides an overview of the complex and dynamic web of elite rent-generation and explores the extent to which the development of an oil industry has contributed to a monoculture of accumulation. It is concluded that, despite the oil windfall, other, ‘illicit’, modes of elite rent-generation persist and have even intensified.
An overview of the political and economic situation in Equatorial Guinea, with emphasis on the country's lack of social development despite its incredible wealth.