All rather fun really, the big piece that Richard Brooks had in Private Eye about money laundering.
Fun as in Brooks entirely misses the logic of the story he\’s telling.
The first is that this Nigerian governor stolle loads of cash. The conclusion from this is of course that we shouldn\’t allow politicians anywhere near society\’s cash box: minarchist state here we come.
The second is that it\’s all about how appalling it is that such money laundering goes on. How we\’ve got to stop it, the City must be cleaned up, offshore must go.
Yet, umm, these guys got caught, tried and jailed. So whatever the system is what they were doing was already illegal and the mechanism to catch them was already in place. And seems to have worked too.
So, err, what\’s wrong with the system that caught and jailed them?