Comment: White-collar crime and no punishment

Instead of focusing on the offences, law enforcement agencies and watchdogs seem all too willing to muzzle journalists who try to uncover them

Fraud, embezzlement, tax evasion and money laundering are crimes in most countries, yet their enforcement is declining rapidly. Picture: Getty

Although the proper role of government in society is much debated, few would dispute that law enforcement falls within the state’s remit. Yet governments have increasingly turned a blind eye to enforcing the laws against the world’s most lucrative crimes: the fraud, embezzlement, tax evasion, bribery and money laundering committed by the well-heeled.

In part, this failure can be ascribed to a lack of resources. Law enforcement authorities often are no match for white-collar criminals’ ...