The issue of corruption is not easily dealt with and it is imperative that as we proceed to address this issue we take steps that can immediately yield fruit and will not be a further drain on our limited resources. In this regard we have to consider the following facts:
Three articles point to the difficulties of going directly after corruption through courts, etc.
In an article by Sheelah Kolhatkar in BloombergBusiness entitled “Has it become impossible to prosecute white-collar crime? the author discussed whether financial crimes might be too complicated to take to trial.”
Another article in the Wall street Journal by Henry G. Manne entitled “Busting Insider Trading: As Pointless as Prohibition” has a tagline stating – Just as Americans found ways to keep drinking, Wall Street will always look for an edge.
An article entitled “Why was tax evasion the only thing pinned on Al Capone?” by Howstuff Works ( source Howstuff Works) spoke of the Al Capone experience. Al Capone was an American gangster who was involved in racketeering and who for many years evaded the law enforcement agencies in the United States of America. He was eventually sent to prison for tax offences – evasion for not paying taxes on his ill-gotten wealth.
Click on the following links for blogs that make recommendations to deal with corruption in Trinidad and Tobago