Twenty anti-corruption investigators and financial intelligence analysts from 10 African countries completed an intensive Advanced Operational Analysis course last week hosted by the Commonwealth Africa Anti-Corruption Centre (CAACC).
Peru’s Attorney General’s Office has recorded another successful use of its non-conviction based confiscation law, extinción de dominio, to recover stolen assets from abroad.
The case involves around USD 8.5 million plus interest frozen in a bank account in Switzerland since 2004. The assets derived from contracts for the purchase of overvalued MiG-29 and Sukhoi Su-25 aircraft during the government of Alberto Fujimori.
This report examines the corporate governance practices of 100 corporations operating in South Africa. Its methodology and findings highlight the importance of active engagement in Collective Action as part of anti-corruption compliance programmes and reporting.
The press release summarises the recommendations as follows:
The report concludes that the fight against corruption cannot be waged within individual corporations alone, but must extend across a broad scope of organisations, within and outside the business sector.
This speech was given at a preparatory meeting for the UN General Assembly Special Session (UNGASS) against Corruption in 2021.
It deals with non-conviction based confiscation as a method to recover assets stolen through corruption, and how challenges in international cooperation in these cases can and should be overcome.
See Spotlight on non-conviction based confiscation at UNGASS preparatory meeting.
Senior Asset Recovery Specialist Oscar Solorzano has emphasised some of the key opportunities and challenges of non-conviction based confiscation laws at a preparatory meeting for the UN General Assembly Special Session (UNGASS) against Corruption in 2021.
The Basel Institute’s Collective Action team has facilitated the co-development of a set of indicators that health care companies may wish to consider when reporting on the effectiveness of their anti-corruption efforts to external stakeholders.
The guidance note containing the indicators was developed over seven months by a group of health care companies under an innovative project of Norges Bank Investment Management.
CoST Uganda is a national chapter of CoST International, a charity based in the United Kingdom. CoST – the Infrastructure Transparency Initiative is the leading global initiative improving transparency and accountability in public infrastructure.
Established in 2013, the specific objectives of CoST Uganda are:
To create a strategic platform for information sharing and joint advocacy with key stakeholders at different levels in the delivery of public infrastructure projects.
Last updated: 25.01.2021
This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us at the contact details on the main database page.
Congratulations to the trailblazing Ethics and Anti-Corruption Commission (EACC) of Kenya, whose latest figures show recovered assets worth a total of KES 29.8 billion (over USD 271 million). KES 20.5 million of this, or around USD 187 million at current exchange rates, was collected in the last five years.
Are we at a turning point in the fight to save our planet from the ravages of environmental crime and corruption?
Possibly. The ongoing pandemic, caused by a zoonotic disease, has brought home the fact that environmental degradation is already altering our lives. Hopes that this was a one-off disruption and that we could soon return to the way things were have been dashed. It is now frighteningly clear that the pace of abuse of our planet keeps accelerating and the next crisis looms around the corner.
The Basel Institute on Governance is offering a new Cryptocurrencies and Anti-Money Laundering Compliance Training course aimed at law enforcement officials, professionals in AML compliance and FinTech/RegTech fields, as well as policymakers and investigative journalists.
Delivered over four three-hour online sessions, the course covers the essentials of how to detect and prevent the use of virtual assets for illicit activities.