Asset recovery: Germany 101

In the first part of this blog series we discussed how Germany is a country at high risk of money laundering due to the financial system’s secrecy. This has allowed dictators and other officials to hide their corrupt wealth in its banks. But what about the efforts that Germany has taken to help countries recover Read more about Asset recovery: Germany 101[…]

“L’Accent” speaks about CiFAR´s campaign work

This article in Catalan was published during our “Keep the Assets Frozen” campaign in early 2016, pushing the European Council to extend sanctions that froze assets deposited across the EU by Ben Ali and Mubarak. One of our members, Laila describes the challenges of asset recovery and how CiFAR contributes to the successful return of Read more about “L’Accent” speaks about CiFAR´s campaign work[…]

What is asset recovery and why you should care

(Click here for Spanish) Despite the alarming political, economic and social impact of public asset theft, the world of asset recovery remains a mystery to the general public. As 20 to 40 billion dollars in state assets are stolen by public officials or powerful leaders in developing countries throughout the world, it’s time we learn Read more about What is asset recovery and why you should care[…]

Is Germany a tax haven? Part I

Over the past few years, Germany has been praised for its efforts in leading on transparency and anti-corruption in the global agenda and for supporting countries in transition to recover stolen assets. But at the same time, the German finance ministry estimates that €100 billon is laundered through Germany each year.  What’s the truth? In Read more about Is Germany a tax haven? Part I[…]

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[…]

Where are the Americans? – The United States response to the Panama Papers

American companies like Google and Nike hide more than $2.1 trillion in offshore tax havens. But the sad truth is that the United States itself plays host to many of the same practices detailed in the leak of the Panama Papers. Executives and firms take advantage of an increasingly deregulated market as the U.S. consistently avoids international efforts at disclosure reform. […]

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?[…]

Interview with one of our founders (Spanish)

This article featured on 1 June 2016 on “Esglobal”, a spanish digital media outlet focusing on global political and  economic analysis. The article was written by Gonzalo Loca and can be found on its original website at this link. Laila Martin Garcia. Socia y fundadora de la CiFAR. Laila Martín codirige una ONG muy especial. Read more about Interview with one of our founders (Spanish)[…]

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[…]