This paper looks at the use of proceeds of asset recovered from Sani Abacha, Vladimir Montesinos, and Ferdinand Marcos and their families. It will also briefly address a much more recent case involving Kazakhstan.

Repatriation of stolen monies makes available additional resources for development activities. The challenge is to ensure efficient, accountable and transparent use of such assets, given states may lack capacity or political will and that corruption may be prevalent at various levels of government.

Promising young researcher Stefan Mbiyavanga has been selected to present his latest work at the OECD Global Anti-Corruption & Integrity Forum on 20 and 21 March 2019. 

Stefan's application was among the top 10 of 146 entries to the OECD's Youth ResearchEdge Competition, which provides a platform for young researchers to present fresh insights and evidence on corruption-related topics.

Swiss authorities have executed an extrajudicial agreement signed between Peru and Montesinos' frontman.

Peruvian authorities and Víctor Venero Garrido, the main frontman of former presidential advisor Vladimiro Montesinos, signed an out-of-court settlement to return approximately USD 15 million from Switzerland to Peru. The money comes from corrupt dealings during the 1990s and the case has lasted 17 years. This is the third and largest of the five accounts located in Switzerland whose assets will be returned to Peru.

The Basel Institute on Governance and Ecuador's Financial and Economic Analysis Unit (Unidad de Análisis Financiero y Económico, UAFE) have signed a Case Consultancy Agreement. The agreement, signed on 29 November during the Basel Institute's third mission to Quito, sets out general lines of mutual cooperation in areas related to the fight against corruption, money laundering and other financial crimes.