The announcement of the Jersey return of GBP 3 million - the latest cross border return to Kenya - was welcomed with pomp and gladness by Kenyans in general, because these had been a long coming return! The signing and announcement of the Agreement for the recovery, transfer, repatriation, disposition and management of recovered asset was completed on the 28th of March 2022. However, to date, public information on the return has been limited.
Is it possible to confiscate sanctioned assets and use them for public good? How to do this quickly and without compromising the rule of law? These are some of the questions that CiFAR has been trying to understand since the freezing of Tunisian, Egyptian and Ukrainian assets under the EU’s misappropriation sanctions.
The CAPAR Civil Society Network, formed of civil society organisations across Africa and facilitated by CiFAR – Civil Forum for Asset Recovery, congratulates the African Union on the successful organisation of the “Continental Symposium on AUCPCC, 20 Years After: Achievements and Prospects”.
100 civil society organizations worldwide signed a statement today against the “Estatuto das Organizações Não-Governamentais” (Status of non-governmental organisations), a new draft law regulating civil society in Angola presented by the government of João Lourenço.
Today, investigative stories are being launched across Europe into the implementation of sanctions following the Russian invasion of Ukraine. The investigation was coordinated by CiFAR and the EIC (European Investigative Collaboration) with the support of OCCRP and thanks to IJ4EU and NED, and published by Mediapart (France), Info Libre (Spain), and Domani (Italy).
The United Nations World Data Forum which builds a pathway to better data for sustainable development, and which took place in Hangzhou at the end of April, offered a moment to reflect on data availability across the Sustainable Development Goals framework, including SDG 16.4.
Indirect return mechanisms describe the practice of returning recovered money across borders indirectly via third-party entities that stand between cooperating governments. These entities might be called in to aid in the negotiations, as well as in the process of the distribution of the returned assets, especially in situations where there are challenging relationships between the negotiating governments and when the receiving countries lack the necessary corruption controls to mitigate the risk of re-looting the assets.
Reconciliation agreements are a way for states to recover assets obtained through corruption by entering into deals with persons involved in corruption, whereby money is given to the state in exchange for amnesty from prosecution for the original crime.
While sanctions lists have grown this year primarily due to new listings in connection to individuals linked to Russia’s invasion of Ukraine, anti-corruption sanctions have not been forgotten. As CiFAR launches its updated Sanctions Watch platform today, which tracks individuals sanctioned for reasons related to corruption, this blog takes stock of this year’s changes in key anti-corruption sanctions lists across different jurisdiction
The aim of this webinar will be to explore the new possibilities and hurdles that the anti-breach legislation brings for the public and the private sector.
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