In this episode of “Financial Crime Matters,” Kieran Beer talks with Nathan Lynch, author of “The Lucky Laundry,” an exposé of how Australia became the conduit for billions of dollars in laundered funds from the proceeds of drug trafficking, corruption, the sexual exploitation of children and other crimes.
Lynch, manager of Thomson Reuters Regulatory Intelligence, Asia-Pacific, details how the “lucky country” (as Australians view their homeland) became the “lucky laundry” undermining confidence in the nation’s largest financial institutions and government and creating a still unmet outcry for stricter anti-money laundering measures from parliament.
