Leading stories on kleptocracy and its “enablers” from the past seven days…
- A former Treasury Department special agent called on lawmakers to end anonymous “shell” companies.
- Since 2009, Delaware officials have torpedoed legislative efforts to track the owners of anonymous companies.
- The ownership of a company collecting sensitive data on American voters for the Trump campaign has been linked to a web of commercial interests including Ukrainian oligarch Dmytro Firtash.
- Just seven prosecutions have taken place under the Foreign Agents Registration Act since 1966.
- Congressional efforts to shore up U.S. sanctions against the Kremlin are meeting heavy resistance from oil industry lobbyists and the Trump campaign.
- The Clinton Foundation has raised hundreds of millions of dollars from foreign donors.
- The Leonardo DiCaprio Foundation faces questions over donor transparency after being linked to the 1MDB scandal.
- The Treasury Department proposed new regulations to remove customer identification exemptions for financial institutions.
- Ukrainian oligarchs have cultivated extensive political, legal, business, and cultural relationships in the U.S., including with Ukrainian diaspora organizations.
- President Petro Poroshenko praised Ukraine’s military on Independence Day, as international donors continue to express concern over stalled anti-corruption reforms.
- The cost of medical procurement decreased by 25 percent after a specialist UK firm took over and cut out graft payments.
- The National Anti-Corruption Bureau is investigating the former prosecutor general, Viktor Shokin.
- Viktor Medvedchuk, Kuchma’s chief of staff and a Kremlin confidante, still maintains “outsize influence” in Ukraine.
- An in-depth look at Deutsche Bank’s role in the illicit transfer of $10 billion out of Russia.
- “No other major power employs murder as systematically and ruthlessly as Russia does against those seen as betraying its interests abroad.”
- Despite consistently poor performance, VTB Bank has survived through close political and financial ties to the Kremlin.
- Vice President Joe Biden reiterated American support for the NATO alliance during a trip to the Baltics (KI also visited recently).
- China is investigating a former statistics bureau chief, a serving senior general, and the vice mayor of Tianjin for corruption.
- A New Zealand court ordered a Chinese businessman accused of money laundering to forfeit $42.85 million in assets.
- The assets of an anonymous Scottish company were seized by Ukraine during its investigation of Oleksandr Onyshchenko, a showjumping MP currently seeking asylum in the UK.
- Ken Silverstein on a Stolen War: “It is hard to overstate the devastating role that corruption has played in the failure of Iraq and the rise of ISIS.”
- Accounting giant Deloitte is being sued in Dubai for failing to flag more than $200 million in money laundering.
- Ilya Zaslavskiy talked about his personal experience of Putin’s kleptocracy, the export of corrupt values to the West, and KI in a podcast interview with the International Spy Museum in Washington, DC.