A new framework for asset recovery?

“A robust international framework for quick restitution of stolen assets is long overdue” Yemi Osinbajo, Vice President of Nigeria at the OECD, 30 March 2017.   Last week we were at the OECD for the 2017 Global Anti-Corruption and Integrity Forum, an event billed as a follow-on to the 2016 London Anti-Corruption Conference and bringing Read more about A new framework for asset recovery?[…]

Germany, a reluctant commitment to anti-corruption?

As one of the last signatories in Europe to the UN Convention Against Corruption and sitting in 8th place on the 2015 Financial Secrecy Index, the German government has a chequered commitment to anti-corruption. In 2017 Germany has a chance to make a change and become a leader in the anti-corruption field as it passes Read more about Germany, a reluctant commitment to anti-corruption?[…]

Brexit means Brexit: but what about stolen assets?

Brexit means Brexit: but what does the UK’s change at the top mean for success in fighting stolen assets? The UK is in the middle of conference season, with each of the UK’s main political parties meeting to discuss and outline their priorities for the coming year ahead. None was probably more watched this year Read more about Brexit means Brexit: but what about stolen assets?[…]

Beyond destinations, havens and victims

When we talk about the theft of public assets and their return, we often get into a discussion of ‘destination countries’, ‘tax havens’ and ‘victim countries.’ These terms roughly correspond in most of our minds to: Destination countries: Rich, developed countries with steadily increasing property markets and stable banks Tax Havens: Island nations with large Read more about Beyond destinations, havens and victims[…]

Why do we campaign for the EU to keep assets frozen?

Between January and March this year, CiFAR campaigned for the EU to keep the assets of the former rulers of Egypt and Tunisia and their families frozen. We were speaking about the decision of the EU in 2011 to issue orders, requiring all EU countries (member states) to identify assets owned by named people and Read more about Why do we campaign for the EU to keep assets frozen?[…]

The Panama Papers: What next for civil society?

The amazing work done by the Süddeutsche Zeitung, the International Consortium of Investigative Journalists and all the journalists around the world who contributed to the release of the 2.6 terabytes of Panama Papers has revealed the murky world of global financial systems. The leaks and analysis reveal the web of companies and tax havens used Read more about The Panama Papers: What next for civil society?[…]

Show us the money: Nigeria

Shortly after UK PM David Cameron’s comment that Nigeria was ‘fantastically corrupt’, President Muhammadu Buhari publically agreed with him but also asked for the UK’s help to return the money stolen in Nigeria and hidden in the UK. This highlights very clearly the ongoing problem not only in relation to Nigeria, but to many other Read more about Show us the money: Nigeria[…]