Every year, 20 to 40 billion dollars in State assets are stolen by public officials and persons in power in developing countries. These assets are still able to be and are still being illicitly removed from the country of origin and moved through offshore accounts and shell companies to be deposited as money in foreign accounts or used to buy yachts, mansions and sports cars abroad. Currently stolen asset cases are ongoing in at least 55 jurisdictions across the world.
A strong, networked civil society is essential to fight asset theft and for asset recovery.
Civil society has an important, long term role to play in preventing public asset theft and securing the recovery of stolen assets.
This includes:
Advocating to prevent public asset theft
Investigating and
exposing cases
Campaigning for
asset recovery
Supporting public knowledge and action
What we’re doing
Over the coming three years, CiFAR is working to support civil society to become more skilled, more networked and more effective at campaigning against public asset theft and for asset recovery.
Our projects in this area include:
CSO training
Through an assessment, network building and training programme, we aim to support civil society organisations, particularly from countries engaged in current cases, to carry out their work more effectively and more cooperatively.
More information on this coming soon.
Hunting
the
stolen billions
As part of our work to engage new audiences with asset recovery, in December 2016 we held an exhibition and series of events about transnational corruption.
Find out more here.
Youth for a transparent and open Europe
In December 2017 we’re holding a 6-day long training for young people in asset recovery, money laundering, financial crime and accountability in Europe.
For more information click here.