Public Eye | Quiz: The potentate’s rich daughter

The potentate’s rich daughter

You’re a self-made woman, but especially thanks to the money and power of your country-looting father. When you're not siphoning off your people's resources, you’re treading the red carpet with the same aplomb. Of course, you have your male counterpart, a handsome man who shows off on Instagram at the wheel of his 8-million franc toy.

Strengths: your ambition, your jack-of-all-trades side (and Daddy)

Weaknesses: delusions of grandeur (and Daddy)

You want to launder bribes that have recently landed in your lap. What is the best option in Switzerland?

Love is a safe bet

You make a donation to your lover.

Invest in bricks and mortar

You buy a luxury property.

Thank God for Swiss banks!

You open an account with Credit Suisse.

Correct

In Switzerland, the property sector is not subject to the Anti-Money Laundering Act. Thus, brokers and notaries are not obliged to verify the origin of the funds and will not ask any awkward questions. For maximum discretion, use a nominee!

20%

Wrong

In Switzerland, the property sector is not subject to the Anti-Money Laundering Act. Thus, brokers and notaries are not obliged to verify the origin of the funds and will not ask any awkward questions. For maximum discretion, use a nominee!

20%

Your illicit assets have been frozen by the Swiss justice system. What are your chances of ever seeing the money again?

High

You have faith in the system, like the Ben Ali clan.

Low

The justice system in Daddy’s country wants to bring you down.

Non-existent

Switzerland is no longer a haven for potentates.

Correct

In Switzerland, your assets can be frozen for years. However, if your country’s justice system is not able (or is not willing to) prove their illicit origin – which is often the case – you should get your millions back. So hang on in there!

40%

Wrong

In Switzerland, your assets can be frozen for years. However, if your country’s justice system is not able (or is not willing to) prove their illicit origin – which is often the case – you should get your millions back. So hang on in there!

40%

As a successful billionaire, you bought a collection of paintings to launder your money. Where do you keep your works of art?

In your luxury residence in Cologny

Perfect to impress when you entertain the “who’s who”

In the Geneva Art and History Museum

A princess has a duty to share (a little)

In Geneva Free Port

Ultra-secure and discreet bunkers

Correct

In free ports and open customs warehouses, you can store your works of art without paying taxes and then sell them in complete discretion. On the documents, hide behind a company, a trust or a nominee. Easy and totally legal!

60%

Wrong

In free ports and open customs warehouses, you can store your works of art without paying taxes and then sell them in complete discretion. On the documents, hide behind a company, a trust or a nominee. Easy and totally legal!

60%

Overjoyed by success, you have been careless. Is your banker obliged to report your dubious transactions?

Of course, complete integrity!

The Swiss financial centre has become irreproachable.

Yes, but…

In Switzerland, a banker's negligence is tolerated.

Absolutely not

His only duty is to make your millions grow!

Correct

Under the Anti-Money Laundering Act, Swiss bankers risk almost nothing if they don’t report discrepancies: a fine of CHF 150,000 for negligence, but the chance of being convicted is as rare as the Swiss team reaching the quarter-finals of the Euro.

80%

Wrong

Under the Anti-Money Laundering Act, Swiss bankers risk almost nothing if they don’t report discrepancies: a fine of CHF 150,000 for negligence, but the chance of being convicted is as rare as the Swiss team reaching the quarter-finals of the Euro.

80%

Whose potentate’s daughter, having lived in Switzerland, was caught red-handed?

Angolan princess Isabel dos Santos

“I used to sell eggs when I was six years old.”

Uzbek princess Gulnara Karimova

“Envy or jealousy always destroys unity.”

Kazakh princess Dinara Kulibayeva

A $ 3.1 billion fortune: “It’s neither a question of goal or pride.”

Correct

Gulnara Karimova, embroiled in the biggest illicit asset deal that Switzerland has ever seen. Her mistakes: having lost the love of her straw woman and of her clan. Convicted in Uzbekistan, the former singer is now performing in a labour camp.

100%

Wrong

Gulnara Karimova, embroiled in the biggest illicit asset deal that Switzerland has ever seen. Her mistakes: having lost the love of her straw woman and of her clan. Convicted in Uzbekistan, the former singer is now performing in a labour camp.

100%