Category: Asset Recovery

The Nigeria “Cash Transfer Programme” and the $322 million return: More shadows than lights?

Posted on by CiFAR

This blog is part of a series monitoring the utilisation of Nigeria’s recovered assets and was prepared by Oluwatosin Fatoyinbo. Read Oluwatosin’s previous article on Nigeria here. As CiFAR reported, Nigerian civil society is fighting hard to make the re-use of returned assets transparent and accountable, especially since the recent return of $322 million from Read more about The Nigeria “Cash Transfer Programme” and the $322 million return: More shadows than lights?[…]

Written by:
CiFAR on 11/01/2019.

The role of civil society in asset recovery and fighting corruption in Ukraine

Posted on by CiFAR

This blog is a part of our Ukraine series – written and researched by Michael Howard. You can read the previous post here.  On 4 November, media reported the passing of 33-year-old anti-corruption activist Kateryna Handzyuk, who three months earlier had been horrifically injured in an acid attack in the city of Kherson in southern Ukraine. Read more about The role of civil society in asset recovery and fighting corruption in Ukraine[…]

Written by:
CiFAR on 01/12/2018.

1MDB is moving forward, but it’s far from the end of the story

Posted on by Jackson Oldfield

The 1MDB scandal is the principle asset recovery case in Malaysia at the moment and for good reason: it involves a lot of money: potentially up to US $4.5 billion, it alleges wrongdoing at the highest levels, with former Prime Minister Najib at the centre of the allegations, and it involves multiple jurisdictions. The scope Read more about 1MDB is moving forward, but it’s far from the end of the story[…]

Written by:
Jackson Oldfield on 23/11/2018.

Tracking Nigeria’s Recovered Assets

Posted on by CiFAR

This blog is part of a series monitoring the utilisation of Nigeria’s recovered assets. The series is a follow-up to our latest article on Nigeria. This blog was prepared by Oluwatosin Fatoyinbo. The recent return of $322 million to Nigeria from Switzerland have led to new fears among citizens and reignited the debate on the Read more about Tracking Nigeria’s Recovered Assets[…]

Written by:
CiFAR on 09/11/2018.

The NeverEnding Story: the Yanukovych asset recovery

Posted on by Lucia Cizmaziova

This blog is a part of our Ukraine series – written and researched by Michael Howard. The day Ukrainian President Viktor Yanukovych fled to Russia in 2014 the entire Ukrainian treasury had a few thousand dollars. During 4 years in power, he and his cronies allegedly looted billions from the country (some say as much as Read more about The NeverEnding Story: the Yanukovych asset recovery[…]

Written by:
Lucia Cizmaziova on 17/10/2018.

Returning to Germany: East German cash and Swiss Banks

Posted on by Jackson Oldfield

Asset recovery is often between rich Western states that harbour illicit wealth and poorer countries rebuilding after a change in regime or dealing with a large corruption scandal whose former leaders have stolen public funds. It is not always the case though, with recovery taking place regularly on the basis of organized crime between different Read more about Returning to Germany: East German cash and Swiss Banks[…]

Written by:
Jackson Oldfield on 20/09/2018.

Asset recovery in Nigeria: the good and the bad

Posted on by Agatino Camarda

Nigeria is likely one of the most politically active countries worldwide in its efforts to recover its assets looted through corruption. The current government of Muhammadu Buhari has particularly put the fight against corruption in Nigeria and the recovery of stolen assets at the forefront of its political agenda. Over the past three years, the Read more about Asset recovery in Nigeria: the good and the bad[…]

Written by:
Agatino Camarda on 12/09/2018.

How Nigerians are raising their voice on asset recovery

Posted on by Agatino Camarda

CiFAR travelled to Nigeria last June to understand what civil society is doing to recover Nigerian stolen assets and to connect with them. It was a very inspiring experience to see many people who have no fear to raise their voice on how asset once stolen by corrupt officials and returned to Nigeria belong to Read more about How Nigerians are raising their voice on asset recovery[…]

Written by:
Agatino Camarda on 31/08/2018.

1MDB Scandal: a timeline

Posted on by CiFAR

Blog written and researched by Natalie Hawkins 1Malaysia Development Berhad (1MDB) was a fund set up in 2009 by the former Malaysian Prime Minister Najib Tun Razak. The purpose of the fund was to use public finances to promote economic development within Malaysia. This ongoing scandal first gained international attention in 2015 when Najib was Read more about 1MDB Scandal: a timeline[…]

Written by:
CiFAR on 08/08/2018.

Mozambique: The Hidden Debt Case

Posted on by Jackson Oldfield

Mozambique is one of the poorest countries in the world, with a GDP of US$11 billion in 2016. In the last year a US$2 billion case has embroiled the country and has the potential for far reaching consequences. The Hidden Debt case involved a confidential US$2 billion loan from the UK branches of the Swiss Bank Read more about Mozambique: The Hidden Debt Case[…]

Written by:
Jackson Oldfield on 23/05/2018.