Assets Quote by Garry Kasparov
![“Rosneft, for instance, was mainly built upon capital stolen from [jailed oligarch Mikhail] Khodorkovsky's company, but the IPO was successful with many Western corporations investing in it. This means that it is extremely difficult to detect these assets in their pure form.” quote by Garry Kasparov](https://sms4smile.com/quotes/img-quotes/60e/garry-kasparov-910_assets_rosneft-for-instance-was-mainly-built-up_824844.jpg)
“Rosneft, for instance, was mainly built upon capital stolen from [jailed oligarch Mikhail] Khodorkovsky's company, but the IPO was successful with many Western corporations investing in it. This means that it is extremely difficult to detect these assets in their pure form.”
About This Quote
Source Article: Financial analysis of Rosneft IPO, 2022
The IPO succeeded despite illicit origins, showing how hidden illicit assets can be obscured in mainstream finance.
In simple terms: Bad money can hide in big deals.
Key Takeaway
Scrutinize investment sources.
Themes
finance
ethics
corruption
Mood
cautious
critical
Type
analytical
informative
When to use this quote
- due diligence
- policy making
- corporate governance
- risk assessment
Key Concepts
capital flows
laundering
investment risk
Questions to Reflect On
- What safeguards can investors demand?
- How can regulators improve transparency?
A Different Perspective
Detecting hidden illicit assets is often technically and legally challenging.
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
