Presentations

26th Parliamentary Intelligence-Security Forum – Illicit Finance

Mariano Federici discussed the persistent issue of corruption. He highlighted corruption’s dual nature as both a threat and a vulnerability to a country’s stability. Corruption generates illicit proceeds, jeopardizing financial systems and economies, while also compromising a nation’s ability to counter threats effectively. Mr. Federici provided examples from his experience, including a case involving the national oil and gas company in Argentina, where corruption led to distortions in prices and macroeconomic policy inefficiencies. He emphasized how corruption contaminates institutions, rule of law, and democratic stability, recounting an instance where corruption extended into the executive and legislative branches.

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