Karen Bass: “I respectfully ask this committee to take specific steps that would lead to improved governance in Equatorial Guinea…”

“I respectfully ask this committee to take specific steps that would lead to improved governance in Equatorial Guinea, including first urging the SEC to issue strong rules in support of the Dodd-Frank 1504; second, supporting the Incorporation Transparency and Law Enforcement Assistance Act that Congresswoman Maloney plans to introduce, hopefully tomorrow, to put an end to the anonymous shell companies so often used by corrupt government officials to move and hide illicit money; press the Government of Equatorial Guinea to respect civil society organizations and political opposition parties; expand the Magnitsky Act to cover kleptocrats and human rights violators globally; implement Presidential Proclamation No. 7750 to deny U.S. visas to members of the Government of Equatorial Guinea.”