Section: Kleptocracy Initiative (USA)
Kleptocracy Daily: March 17, 2017
News A U.S. congressman introduced legislation to strengthen safeguards against foreign bribery. (FACT Coalition) South Korean officials face allegations that they “systematically” destroyed evidence in the presidential corruption scandal after it was revealed that the presidential office recently bought a total of 26 paper shredders. (The Korea...
Kleptocracy Daily: March 16, 2017
News The UK government is setting up a new anti-money laundering watchdog in an effort to crack down on ill-gotten gains and dirty money. (Financial Times) One of the world’s largest publicly listed gaming companies, TAB, has been fined $45 million for breaching money laundering and counter-terrorism financing laws. (Guardian) A new study...
Kleptocracy Daily: March 15, 2017
News Monica Crowley — who bowed out of a Trump administration post after a plagiarism scandal — is now registered as a foreign agent for Ukrainian billionaire oligarch Victor Pinchuk. (The Hill) Iran is setting up shell shipping companies to export weapons and illicit goods. (Fox News) Moldova believes Russian security services are attempting to...
Kleptocracy Daily: March 14, 2017
News A company owned by the family of Jared Kushner, Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company, Anbang Insurance Group, for a Manhattan office tower; Anbang’s murky links to the Chinese power structure have raised national security concerns over its U.S....
Kleptocracy Daily: March 13, 2017
The latest on KI.org: Marius Laurinavičius discusses how Europe can help defend U.S. democracy, and why we should stay engaged in Europe. News Members of the Committee on Financial Services have called on their chairman to investigate Deutsche Bank’s Russian money laundering scheme. (Guardian) The European Union is expected to extend...
Why Should U.S. Taxpayers Fund a Pushback Against Russia in Europe?
Image: Latvijas Armija | CC BY-NC-ND 2.0 A recent Senate hearing explored the role of U.S. allies bordering Russia – and how they help defend American democracy. By Marius Laurinavičius Donald Trump’s administration has proposed “fairly dramatic reductions” in the U.S. foreign aid budget, but an influential subcommittee of the U.S. Senate...
Kleptocracy Weekly: March 10, 2017
U.S. The U.S. Treasury Department announced a $100 million settlement with Zhongxing Telecommunications Equipment Corporation for breaching Iran sanctions. Trump should reconsider his stance on the mining transparency law, which has eliminated a critical anti-corruption rule that improved transparency in the opaque natural resources sector. (FT)...
Kleptocracy Daily: March 9, 2017
Hudson fellow Hannah Thoburn is quoted in Foreign Policy’s latest article examining the jailing of Ukraine’s top tax official. News A new European Parliament report lists the U.S. as a ‘leading’ financial secrecy haven. (Bloomberg) The Trump administration backs the broad reach of FCPA. (Global Anticorruption Blog) A Kiev-based...
Kleptocracy Daily: March 8, 2017
News Spanish authorities allege that Hares Youssef, a Syrian-Ukrainian businessman, linked his friend, exiled Ukrainian oligarch Dmytro Firtash, to an organized crime network involved in money laundering. (Kyiv Post) The U.S. Treasury Department announced a $100 million settlement with Zhongxing Telecommunications Equipment Corporation for...
Kleptocracy Daily: March 7, 2016
News A court in Kiev heard arguments yesterday on the $74 million embezzlement case against Ukraine’s top tax official. (WaPo) More than 200 wealthy foreigners are choosing to pay £218,200 a year in tax rather than declare which of London’s £20m-plus mega-mansions they own. (Guardian) The European Parliament blamed Swiss...
