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In Europe, Crime (probably) Still Pays

A recent Europol survey on criminal asset recovery has attempted to assess the extent to which EU forfeiture efforts achieve their target of denying criminals the benefits of the proceeds of crime. Sadly, the conclusion is that the gap between the estimated amount of laundered funds and what is seized/forfeited is quite large. The estimate […]

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Friday News Flip 22 July 2016

CORRUPTION WHAT do Leonardo DiCaprio, Vincent van Gogh and a Beverly Hills luxury hotel have in common? Answer: a corruption investigation. The US Justice Department wants to seize $1 billion in funds and assets linked to the Malaysian corruption scandal that revolves around the state wealth fund 1MDB. I blogged months ago (here and here) […]

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Wednesday News Wall 20 July 2016

CORRUPTION AFTER the Kenyan corruption scandal known as Chicken-gate, the Ethics and Anti-Corruption Commission (EACC) has let the chairman of the Independent Electoral and Boundaries Commission (IEBC) off the hook– citing lack of evidence- after allegations were made that he was amongst those who received bribes from Smith & Ouzman for procurement of electoral materials. […]

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Wednesday News Wall 13 July 2016

CORRUPTION The land fraud that was a hall-mark of Daniel Arap Moi’s reign has come back to haunt him as the former president is in and out of court over allegations of illegal acquisition of land. Corruption amongst Iranian lawmakers could threaten President Rouhani’s chances of a second term in office. A description of the […]

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Monday News Muse 11 July 2016

CORRUPTION THE son of former Sri Lankan president, Mahindra Rajapaksa was arrested over alleged corruption and money laundering offences relating to a real estate group. RUSSIAN officials are to put forward legislation to make polygraph tests mandatory for civil servants, politicians and ‘civil activists’. This is apparently a bid to detect and purge those engaged […]

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Friday News Flip 09 July 2016

CORRUPTION SPANISH prosecutors dropped a corruption investigation into Brazilian football star Neymar and his father. The charges revolved around Neymar’s transfer from a Brazilian football club to Barcelona. CRIMINAL LAW DID Kenyan armed forces kill civilians during air raids following the El Adde attack (which left over 100 Kenyan soldiers dead). According to the UN: […]

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Wednesday News Wall 06 July 2016

CORRUPTION Vietnam is drafting a revised anti-corruption law to replace the current law which has been described as a toothless tiger by international commentators. Zimbabweans are in the midst of a stay-at-home protest against corruption and misrule by Comrade-for-life Bob Mugabe. Their communicating around the twitter hashtag #ThisFlag. Predictably, the authorities are threatening to use […]

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Friday News Flip 01 July 2016

CORRUPTION THE US Supreme Court has somewhat clarified the law on bribery and quashed the bribery conviction of a former Virginia Governor. I wrote about Bob McDonnell here, as anticipated the court drew a narrow line between distasteful acts to gain access to public officials (which might be unethical but were not criminal) and improper […]

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Monday News Muse 30 May 2016

CORRUPTION The Brazilian anti-corruption minister has been accused- irony of ironies- of interfering in the Petrobras anti-corruption investigation. He subsequently stepped down. The Ukrainian Party of Regions- the party of former President Victor Yanukovych- apparently spent tens of millions of dollars on political bribes, coyly labelling them in spreadsheets as ‘investments in politics’. The new […]

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Friday News Flip 27 May 2016

CORRUPTION A SENIOR Vietnamese police officer suggested that printing lower denomination bank notes would help curb corruption- though his critics point to the impracticality of the suggestion given that the largest bank note in Vietnam is worth around $22. In a similar move, the EU recently announced that it was phasing out the €500 note […]