Financial Crimes Committed by Companies in Haiti Exposed

A dire situation has been unfolding in Haiti, with financial crimes committed by companies exacerbating the already precarious security and humanitarian crisis. According to a recent report presented to the United Nations Security Council, the violence perpetrated by gangs in the country has increased significantly, driven by the continuous influx of arms and fueled by corruption.

Gang Violence and Corruption

• Since January, there has been a 53% increase in people killed or injured due to gang violence
• Reports of simultaneous attacks on several occasions
• The southern departments of Haiti have become critical entry points for cocaine from South America and cannabis from the Caribbean

The report also notes that prominent political and business figures are suspected of being involved in criminal markets in Southern Haiti, investing in infrastructure and equipment used in trafficking and showcasing links between gang violence, trafficking, and political and economic corruption.

Financial Crimes Rampant

• Authorities reporting dozens of cases involving government contracts and public funds since the country’s anti-corruption law came into force in 2014
• Criminal proceeds being laundered through various sectors, including oil and gas, banks, real estate firms, lotteries, and other businesses

The lack of convictions in corruption and organized crime cases is attributed to limited capacities, acute politicization, and arbitrary judicial fees. The situation is further complicated by the fact that gangs engage in kidnapping for ransom and informal taxation on critical infrastructure they control.

UN Recommendations

• Improve Haiti’s national capacities on firearms regulation
• Enhance border and customs capacities
• Strengthen anti-corruption frameworks
• Increase investigative capacities

However, implementing these measures is extremely challenging in the current context.

International Action Needed

The situation in Haiti remains enormously challenging, and international action is needed to improve security through the deployment of a multinational security support mission alongside a long-term political solution. As it stands, the recent formation of the transitional presidential council is a welcome step, but obstacles remain daunting.

It is essential that the international community stands with Haiti’s institutions and citizens in confronting violence, corruption, and chaos, and works towards a more stable and secure future for the people of Haiti.