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Global Witness alleges that Claudia Sassou-Nguesso, daughter of the President of the Republic of the Congo, used approximately $20 million in diverted public funds to purchase a $7.1 million luxury apartment (unit 32G) at the Trump International Hotel & Tower in Manhattan. The investigation details a complex financial trail involving the Brazilian company Asperbras, which allegedly inflated contracts for geological mapping and hospital construction in the Congo. Funds were routed through a Delaware subsidiary (Asperbras LLC), a British Virgin Islands entity (Energy & Mining Asp. Inc.), and a Cypriot shell company (Sebrit Limited) controlled by intermediary José Veiga on behalf of Sassou-Nguesso. The purchase was facilitated by the law firm K&L Gates LLP via a New York shell company, Ecree LLC. Global Witness argues that the Trump Organization and K&L Gates failed to perform adequate due diligence on a Politically Exposed Person (PEP), potentially facilitating money laundering.

The author argues that while globalisation drives unprecedented economic growth through comparative advantage and market efficiency, it creates a 'race to the bottom' where nations compete for volatile capital by slashing corporate taxes and deregulation. This process potentially erodes public funding for welfare, labour protections, and environmental standards. While the author finds evidence of a downward trend in global corporate tax rates, they note that reputational risks and NGO watchdogs may moderate the degradation of labour and environmental standards. The document concludes that managing these negative effects requires stronger, more democratic global governance, including the potential creation of a World Tax Authority and an International Financial Stability and Harmonisation Authority.