The Tunisian Job: How to recover 13 billion dollars stolen by the Ben Ali family

Zine el Abidine Ben Ali fled Tunisia in January 2011 following popular protests which ended his 23-year rule at the start of what became known as the Arab Spring. It is no secret how the ruler and his family enriched themselves during that period. The World Bank estimates the wealth of the Ben Ali family[…]

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[…]

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[…]

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[…]

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. […]