🔴 **Financing white rule: How Luxembourg became a banker for the Belgian Congo and Apartheid South Africa**

_“In the cases of both the Belgian Congo and Apartheid South Africa, it is evident that banks in Luxembourg provided financial services to borrowers accused of forced labor, environmental degradation, racist discrimination, sanctions busting, and other morally inexcusable practices. In other words, ‘their ‘profit’ came in the form of both shareholder dividends and the reproduction of global white supremacy’ (Hudson, Reference Hudson2017: 14).”_

Weeks, S. (2024) ‘Financing white rule: How Luxembourg became a banker for the Belgian Congo and Apartheid South Africa’, Finance and Society, 10(3), pp. 234–250. doi: https://doi.org/10.1017/fas.2024.12.

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