Russians would not be able to exploit these loop holes if there was a serious effort to close them. The invasion of Ukraine and the subsequent sanctions of Russia/Oligarchs has made these loopholes more visible, however, is there any discussion by Western elected officials to close them? They exist because the wealthy have been able to successfully leverage their wealth to influence the courts and the law. The Panama papers resulted in an initial flurry of outrage after exposing how the global wealthy legally exploit “the law.” However, in a matter of weeks, lawyers again used “the law” to stonewall any further investigations into their clients well insulated lives. The beat goes on.
This is true! So the good news is: we have the power to fix it! But yes, there doesn’t seem to be much desire to fix it (mostly because those in a position to fix it benefit from the current system).
Russians would not be able to exploit these loop holes if there was a serious effort to close them. The invasion of Ukraine and the subsequent sanctions of Russia/Oligarchs has made these loopholes more visible, however, is there any discussion by Western elected officials to close them? They exist because the wealthy have been able to successfully leverage their wealth to influence the courts and the law. The Panama papers resulted in an initial flurry of outrage after exposing how the global wealthy legally exploit “the law.” However, in a matter of weeks, lawyers again used “the law” to stonewall any further investigations into their clients well insulated lives. The beat goes on.
This is true! So the good news is: we have the power to fix it! But yes, there doesn’t seem to be much desire to fix it (mostly because those in a position to fix it benefit from the current system).