Unexplained wealth and for what purpose: a Sri Lankan perspective

Asanga Abeyagoonasekera

Journal of Financial Crime, 2020, vol. 27, issue 1, 24-28

Abstract: Purpose - Explore perspective from Sri Lanka on unexplained wealth and why it should be taken as a pivotal measure to fight corruption in the society. Design/methodology/approach - Qualitative and referenced work to explain the viewpoint. Findings - The prevailing political will in achieving goals to fight economic crime is questionable. The entire society has a role to play when fighting corruption, which is not only limited to regulators, bribery commissions and the state sector. Private sector and individual voices in the society, including whistle blowers, could play a leading role in combating cases of unexplained wealth. Originality/value - This study highlights political corruption in Sri Lanka with a unique viewpoint connecting political lobbying and unexplained wealth.

Keywords: Financial crime; Political corruption; Unexplained wealth (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:jfc-12-2018-0128

DOI: 10.1108/JFC-12-2018-0128

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