Published Jul 23, 2019

228: Oliver Bullough | Why Thieves and Crooks Rule the World

Journalist Oliver Bullough reveals the insidious world of kleptocracy, uncovering how corrupt leaders exploit Western systems to hide stolen wealth in 'Moneyland,' and the severe global consequences spanning healthcare corruption and financial secrecy. Through gripping investigative insights, Bullough exposes the challenges journalists face in holding these powerful entities accountable.
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Episode Highlights

  • Legal Barriers

    Legal systems, particularly in the UK, pose significant challenges to investigative journalism on kleptocracy. explains that strict defamation laws create a presumption of guilt for journalists, making it difficult to publish stories about oligarchs without facing legal repercussions 1. This legal environment stifles the exposure of corruption, as seen in the case of an Angolan minister's daughter spending lavishly on wedding dresses without scrutiny 2.

    The reach of oligarchs and such as the might of London's libel lawyers that I wasn't able to tell it.

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    These obstacles highlight the need for reform to enable more transparency and accountability.

       

    Journalist Threats

    Journalists face not only legal but also physical threats when investigating corruption. recounts how oligarchs' children flaunt their wealth on social media, yet connecting these displays to their corrupt parents can be perilous 3. He shares an instance where he was invited to a potentially dangerous meeting in Milan, underscoring the risks journalists face 3.

    It's possible that he was a genuine and kind of a nice guy and just thought they'd been a misunderstanding, but I think it's more likely he wanted to kill me.

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    These threats complicate efforts to address corruption, as those who attempt to expose it risk their lives.

       

    Investigative Tactics

    Investigative journalists employ various methods to uncover hidden wealth and corruption. describes how public data and social media are used to trace the extravagant lifestyles of oligarchs' families 4. He also highlights the "kleptocracy tour" in London, which aims to raise awareness about the city's role in global corruption by showcasing the opulent spending of corrupt individuals 5.

    The idea of the kleptocracy tour is to try and stand there with a megaphone and just say, look at what's happening.

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    These methods are crucial for shining a light on corruption, despite the challenges posed by legal and physical threats.

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