The Steering Committee meeting of the UK Foreign, Commonwealth and Development Office (FCDO) under the Support to Zambia’s Multi-Agency Approach to Fighting Corruption programme on 20 March 2024 in Lusaka was a testimony to the strong leadership and commitment of Zambia’s key anti-corruption and accountability institutions to move ahead together to recover Zambia’s stolen assets. 

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

This blog was originally published on the FCPA Blog, which was discontinued in February 2024.

Hundreds of billions of dollars of Russian assets sit frozen in bank accounts, buildings, and harbours, thanks to the unprecedented financial sanctions rolled out since the full-scale invasion of Ukraine on February 2022. Understandably, states holding large quantities of Russian assets are under political pressure to permanently seize these and redirect the money to support Ukraine.

Corruption and fraud risks in public procurement are a concern all over the world – including Bulgaria, where scandals around infrastructure and procurement projects damage trust in government, drain the public budget and may also affect EU development funds.

Authorities in Cusco in southeast Peru have succeeded in recovering a house and land linked to acts of corruption by the former mayor of the province of Canchis, using a recently introduced non-conviction based forfeiture law.

At the Basel Institute we connect our IT, eLearning and training activities closely. The result is more effective and efficient capacity building that takes advantage of technological advances while keeping trainees’ learning experience at the centre.

How can corruption affect peace and security? Where does corruption influence or intersect with geopolitics? And how can peace-building and anti-corruption serve a common goal?

A two-hour workshop at Basel Peace Forum 2024, organised by Swisspeace, delved into these questions and more. Moderated by Gretta Fenner, Managing Director at the Basel Institute on Governance, the panel looked at some of the most critical intersections of corruption, security, peace and geopolitics.

We are very happy to announce the signing of a Memorandum of Understanding between the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) and the Basel Institute on Governance.

Our recently released Basel AML Index 2023 says that countries need to supercharge their efforts to understand the evolving financial crime risks of new technologies – especially cryptocurrencies and other virtual assets.