The first Deferred Prosecution Agreement (DPA) of the United Kingdom Serious Fraud Office (SFO), secured on 30 November 2015 at the Royal Courts of Justice, London, has on 26 August 2020 given rise to a plea bargain settlement in Tanzania. As announced by Tanzania’s National Prosecutions Service (NPS), this nets the Tanzanian authorities TZS 1.5 billion (approx. USD 650,000 or GBP 500,000).
At a high-level B20 panel on “Enhancing Integrity for Responsible and Inclusive Growth” on 24 August, Gemma Aiolfi, the Basel Institute’s Head of Compliance, Corporate Governance and Collective Action, discussed how small and medium-sized enterprises (SMEs) have been forced to focus on survival in recent months.
Thirty-three prosecutors, 22 judges and 22 investigators from across Mozambique’s 11 provinces have completed a series of intensive training courses on anti-corruption and asset recovery.
Delivered by the Mozambique team of our International Centre for Asset Recovery, the training sessions took place over three weeks from 17 August to 4 September. Investigators from SERNIC, Mozambique’s National Criminal Investigation Service, joined prosecutors from the Prosecutor General’s Office and judges from across the country.
A new case study study from our compliance team shows how tailored support for anti-corruption compliance can make micro businesses more confident about promoting their services on the global market.
A new case study from our compliance team shows how tailored support for anti-corruption compliance can help innovative small businesses succeed even in challenging markets.
Oscar Solórzano participated in a virtual discussion with Ecuadorian legislators and other leading asset recovery experts from across Latin America on 2 September. The topic: Non-conviction-based confiscation legislation as a tool to recover assets arising from corruption.
Basel Institute on Governance Managing Director Gretta Fenner moderated a discussion on Finding stolen assets – the role of transparency and proactive measures in developed countries at the new Global Forum on Illicit Financial Flows and Sustainable Development series. Hosted by Germany and Norway, the event takes place over two days starting 2 September 2020.
Virtual training is helping to build networks and bridges between anti-corruption officials located in different countries – bridges that will help to improve regional coordination and cooperation in cases of financial crime.
This week, our team in Mozambique has started a series of virtual training courses for prosecutors, investigators and judges across 11 provinces. Getting to this point has been quite a challenge, as Senior Asset Recovery Specialist Margarida Bandeira de Lima explains below. It shows the vital importance of basic technology in enabling public officials responsible for fighting corruption to do their jobs.
A new article in the open-access African Studies journal makes a novel contribution to understanding petty corruption in East Africa. By providing evidence of behavioural drivers of petty corruption in Uganda, Tanzania and Rwanda, the research could help in designing more effective anti-corruption strategies.