Hannah Thoburn, Brian Whitmore, and Angela Stent discussed “Consolidation and Control: Power Shifts in Putin’s Kremlin” at Hudson Institute this morning. Watch the event here.
The U.S. is now investigating the theft of $1 billion from the Moldovan banking system. (WSJ)
The UK’s Criminal Finance Bill will introduce “unexplained wealth orders,” enabling law enforcement to seize property acquired with corrupt funds. (Guardian)
A senior Chinese anti-corruption official with 20 years’ experience has himself been jailed for life for graft. (Reuters)
Chinese state television will show “big tigers” confess to corruption charges. (Australian)
“When kleptocrats bring money into the U.S., there’s now a plan to seize …read more
Source: Kleptocracy Initiative