Experts from ICAR delivered a 4-day training workshop on Operational Analysis to the Peruvian Financial Intelligence Unit (FIU) in Lima from 6 to 9 June 2016 with the aim to strengthen the FIU's analytical and operational capacities in financial investigations.
The Basel Institute on Governance in partnership with the two Romanian not-for-profit organisations RISE Project and the Journalism Development Network (JDN)’s Organised Crime and Corruption Reporting Project (OCCRP) hosted a third training workshop on Financial Investigations and Asset Recovery – “Follow the money” – on 28–29 April 2016 in Basel, Switzerland. The workshop was organised in the context of a three-year initiative on "Mapping and Visualising Cross-Border Crime” launched in October 2014 and funded by the Swiss-Romanian Cooperation Programme.
Experts from ICAR delivered a 5-day training workshop on Financial Investigations and Asset Recovery for the benefit of the Prevention and Combating of Corruption Bureau (PCCB) in Dar es Salaam, Tanzania from 11 to 15 April 2016.
In the context of financial crime the recovery of stolen assets is an essential aspect of sanctioning of corruption and it can remedy some of the social harm caused by corruption. These considerations are equally relevant when prosecuting international crimes such as war crimes, crimes against humanity or genocide.
If you want to go fast, go alone. If you want to go far, go together.
On 27 January, 2016 an Anti-Corruption Court in Nairobi convicted a public officer who worked as an accountant/cashier at the Ministry of Special Programs in Kenya.
The officer was found to have embezzled funds that were allocated for specific donor funded water projects and was convicted on two counts: fraudulent acquisition of public property (count 1) and forgery (count 2) but was acquitted on a charge of abuse of office.
Singapore demonstrates a strong anti-money laundering and counter financing of terrorism (AML/CFT) legislative framework but despite this, it shows significant weaknesses in its effective implementation, according to a recent review by the Financial Action Task Force.
Joe Murphy recently talked in a post on the FCPA Blog about antitrust concerns under U.S. law for competitors who band together to fight corruption. I'd like to explain how and why the antitrust issue can be mitigated.
As the problems created by corruption affect society as a whole, everyone would benefit from its eradication. Unfortunately, however, perceptions of corruption may not always align with this view which is why it is of utmost importance to raise awareness of corruption by way of education and training, and greater knowledge of the consequences of corruption may enable its elimination. That being said, corruption cannot be tackled alone, and the concept of Collective Action could ensure that businesses have the opportunity to use the power of unity to make a difference.
IRU Secretary General, Umberto de Pretto, unveils the scale and damages of corruption on roads and explains how the world road transport organisation is tackling this issue head on.
In short, it’s a joint effort between the IRU and United Nations Global Compact to fight extortion and corruption along major road transport corridors. We’re working together to secure the sustainable development of global supply chains, hence economies, worldwide.