Why Kenya Needs a National Asset Recovery Policy

Posted on by CiFAR

A commentary on the draft Public Financial Management (Public Prosecutions Fund) Regulations, 2024. Background Kenya has made significant strides in combating economic crime, particularly in asset recovery through institutions like the Ethics and Anti-Corruption Commission (EACC) and the Assets Recovery Agency (ARA), supported by other law enforcement agencies. These efforts are anchored in legal frameworks Read more about Why Kenya Needs a National Asset Recovery Policy[…]

Returning ill gotten gains to Equatorial Guinea

Posted on by CiFAR

Written by Althaf Ali, CiFAR. Equatorial Guinea, while rich in natural resources, is plagued by the corruption and embezzling of its national treasury by the Obiang family. In France, the Biens mal acquis (Ill-gotten gains) case was a first of its kind proceedings, with legal action brought against a current, high ranking official, and which Read more about Returning ill gotten gains to Equatorial Guinea[…]

Maximizing the Value and Impact of Recovered Assets Through Streamlined End-Use

Posted on by CiFAR

Written by Lewis Kundai, CiFAR. Background Last month, the Kenyan Ethics and Anti-Corruption Commission (EACC) handed over proceeds from corruption recoveries, including 511.4 million shillings (USD 3.96 million) in cash and 35 title deeds for 18.71 acres valued at 5.5 billion shillings (USD 42.7 billion). This action highlights the agency’s focus on asset recovery as Read more about Maximizing the Value and Impact of Recovered Assets Through Streamlined End-Use[…]

Angola and Mozambique: Asset Recovery Workshop Programme (Online)

Posted on by Jackson Oldfield

In September and October 2024, CiFAR is running an Asset Recovery Workshop Programme (online) designed to support civil society in Angola and Mozambique, in cooperation with local partners: Fórum de Monitoria do Orçamento, Centro de Integridade Pública, Associação OMUNGA, Pro Bono Angola, Associação Mãos Livres e UYELE, Associação Cívica. Asset recovery is a complex and Read more about Angola and Mozambique: Asset Recovery Workshop Programme (Online)[…]

Asset Recovery in Angola: CSOs demand clarity on the recovery of assets of Isabel dos Santos in Portugal

Posted on by CiFAR

Mãos Livres, Omunga, Pro Bono Angola and Uyele, Angolan civil society organisations currently working with CiFAR under the ongoing Capacity Support Framework, have written an open letter to the Attorneys General of Angola and Portugal demanding clarity about the asset recovery processes related to Isabel dos Santos, the daughter of former president José Eduardo dos Read more about Asset Recovery in Angola: CSOs demand clarity on the recovery of assets of Isabel dos Santos in Portugal[…]

A Framework for the Distribution of Recovered Assets to Communities in Kenya

Posted on by CiFAR

Read the full policy brief Kenya’s efforts in combatting economic crimes in recent years have yielded significant recoveries both internationally and domestically. Several cases instituted by law enforcement agencies concerning the proceeds of economic crimes are currently ongoing in the courts, including some linked to county governments. With the decentralization of administrative powers to counties, as Read more about <strong>A Framework for the Distribution of Recovered Assets to Communities in Kenya</strong>[…]

Sanctions Watch: Spotlight on Individuals Sanctioned for Serious Corruption

Posted on by CiFAR

 11.07.2024 Website update The first half of 2024 saw nine new individuals fall under various sanction systems for corrupt acts. With this latest update to the Sanctions Watch website, we are highlighting some particularly notorious cases.  Updates summary Several jurisdictions have imposed anti-corruption sanctions on high-ranking public officials accused of embezzling funds from their citizens. Read more about Sanctions Watch: Spotlight on Individuals Sanctioned for Serious Corruption[…]

Asset Management in Kenya

Posted on by CiFAR

Over the past decade, Kenya has demonstrated a steadfast commitment to prioritizing asset recovery within its broader anti-corruption and anti-money laundering initiatives. Recognizing these efforts, the 2022 Financial Action Taskforce (FATF) Mutual Evaluation Report by the Eastern and Southern African Anti-Money Laundering Group (ESAAMLG) commended the government’s strides in enhancing both institutional and legislative frameworks. Read more about Asset Management in Kenya[…]

New project spotlight: Corruption in Paradise

Posted on by CiFAR

How is illicit finance affecting the housing market in cities, what can cities do to challenge illicit financial flows that are affecting their real estate markets and what is the role of real estate agents in this? While these are typically questions thought of in global financial centres – think London, Paris or Hong Kong Read more about <strong>New project spotlight: Corruption in Paradise</strong>[…]

Strengthening Asset Recovery in Africa: Multistakeholder Dialogue on the Implementation of CAPAR and Asset Recovery Initiatives

Posted on by CiFAR

The CAPAR Civil Society Network, Civil Forum for Asset Recovery (CiFAR) and Transparency International, co-hosted a two-day workshop on the Common Africa Position on Asset Recovery (CAPAR) and Asset Recovery in Africa, held in Nairobi, Kenya on April 25-26, 2024. It brought together policymakers, regional bodies, and civil society organizations (CSOs) to engage in collaborative Read more about <strong>Strengthening Asset Recovery in Africa: Multistakeholder Dialogue on the Implementation of CAPAR and Asset Recovery Initiatives</strong>[…]