Chaque année, les flux financiers illicites, dont la corruption est une composante majeure, font perdre environ 88,6 milliards de dollars (3,7 % de son PIB) à l'Afrique. La lutte contre ce fléau est un effort collectif et le secteur privé a un rôle majeur à jouer dans la promotion d'un environnement économique prospère et d’un développement durable du continent.

Africa is estimated to lose an unbelievable USD 88.6 billion (3.7% of Africa’s GDP) each year to illicit financial flows, of which corruption is a major component. Rooting out corruption is a collective effort, and the private sector has a major role to play in laying down the foundations for clean business environments and sustainable development.

This introductory guide for the Targeting Natural Resource Corruption (TNRC) project:

• outlines the impact of illicit financial flows on conservation goals;
• explains approaches that can help conservation and natural resource management practitioners to strengthen their programming and related responses;
• offers guidance on risks and constraints to such financial approaches.

It leads the Illicit Financial Flows topic page of the TNRC Knowledge Hub and is designed to help practitioners find relevant resources.

The key takeaways are:

The newsletter announces the release of our Basel AML Index Public Edition ranking and report. It also features our latest news, blogs, quick guides and other publications, as well as joint articles with friends of the Basel Institute. We take this chance to welcome five new staff members to the team.

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This article by Scarlet Wannenwetsch appeared in the September issue of InMagazine, published by the TEID Ethics & Reputation Society.

It covers the 4th International Collective Action Conference in Basel, Switzerland, and the Basel Institute's Mentoring Programme for civil society/non-profit organisations working together with the private sector to address corruption challenges.

This is the 11th Public Edition of the Basel AML Index.

The Basel AML Index is an independent annual ranking that assesses the risk of money laundering and terrorist financing (ML/TF) around the world.

Published by the Basel Institute on Governance since 2012, it provides risk scores based on data from 18 publicly available sources such as the Financial Action Task Force (FATF), Transparency International, the World Bank and the World Economic Forum. The risk scores cover five domains:

The final recommendation of the Commission of Inquiry into Money Laundering in British Columbia (‘the Commission’) urged the government to legislate an unexplained wealth order (‘UWO’) as part of a wider approach to counter the prevalence of money laundering and proceeds of crime in the province.

This document analyses the feasibility of this recommendation. It:

This case study describes how authorities in Kenya and Jersey worked together to unlock progress in a long-running case involving around USD 3.7 million in corruptly acquired funds.

The money was held in the bank account of the shelf company Windward Trading, which was used to channel corrupt payments relating to power generation in Kenya.

This quick guide sets out how criminals abuse the gambling industry to launder illicit funds. It includes numerous recent case studies to illustrate different ways of laundering money in casinos, online gambling websites, bars and clubs, as well as physical and online sports betting services.

The guide also looks at what gambling businesses and public authorities can do to better prevent and detect money laundering in this industry.

This case study describes how Kenya’s civil illicit enrichment legislation enabled the recovery of corruptly acquired assets from a former Chief Accountant at the Treasury.

It examines a 2021 unexplained wealth (illicit enrichment) case in Kenya involving the former Chief Accountant Patrick Ochieno Abachi. The case is related to Kenya’s so-called Anglo Leasing scandal, in which 18 high-value government security contracts were allegedly awarded to fictitious companies in the early 2000s.