Financial Crime World

São Tomé and Príncipe’s Vulnerability to Crime and Corruption

São Tomé and Príncipe, a small island nation off the coast of West Africa, is facing significant challenges related to crime and corruption. A recent report has highlighted the country’s vulnerability to drug trafficking, cyber-dependent crimes, financial crimes, and other forms of organized crime.

Drug Trafficking

São Tomé and Príncipe’s strategic location and geographic characteristics make it a potential transit country for drug trafficking. The use of drugs is often linked to tourism and cultural events, but the impact on local communities is limited. However, the lack of effective law enforcement and regulatory frameworks makes it challenging to combat this issue.

Cyber-Dependent Crimes

The country is also struggling with cyber-dependent crimes, which have been reported sporadically targeting private institutions and government authorities. The lack of a regulatory framework and law enforcement capacity means that these crimes are often difficult to combat.

Financial Crimes

Financial crimes are another major issue in São Tomé and Príncipe. Corruption is widespread, with embezzlement of public funds by government officials believed to be common. Tax evasion and avoidance also cost the country an estimated $120,000 per year.

Criminal Justice System

The country’s criminal justice system is plagued by issues, including political influence and manipulation, as well as a lack of specialized personnel and infrastructure. Prison conditions are overcrowded and inadequate, with prolonged pre-trial detention being a common issue.

Government Efforts

Despite these challenges, the government has made efforts to combat organized crime, including strengthening cooperation between law enforcement agencies and improving financial regulation. The country is also working to address its economic vulnerabilities, which include a fragile economy and high levels of unemployment.

Support for Victims

The lack of established assistance programs for victims of organized crime is another concern. However, some government initiatives are underway to support victims of crime.

Civil Society


NGOs operate relatively freely in the country, although funding constraints can limit their ability to operate independently and effectively. Freedom of the press is constitutionally guaranteed, but self-censorship is common due to government influence.

Conclusion

São Tomé and Príncipe faces a range of challenges related to crime and corruption, which can have significant consequences for its economy, society, and stability. Addressing these issues will require sustained effort and cooperation between the government, civil society, and international partners.