Do enough publicly available sources exist that suggest Germany is an important financial centre for corrupt elites from the developing world?
Public assets illegally obtained from developing countries are often hidden in banks located in the financial centres of developed countries. Global Financial Integrity estimates losses in developing countries between USD 723 billion and USD 844 billion per year in 2009. As a key financial centre in the world, it is likely that Germany provides a stable investment environment for corrupt elites from developing countries who are intent on layering and integrating criminal proceeds.
Martini, M. Evidence of illicit financial flows from developing countries placed in Germany. U4 Anti-Corruption Resource Centre, CMI, Bergen, Norway (2012) 4 pp. [U4 Expert Answer 334]
Evidence of illicit financial flows from developing countries placed in Germany