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.
News
- 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)
Features
- “When kleptocrats bring money into the U.S., there’s now a plan to seize it.” NPR looks at the work of the Kleptocracy Asset Recovery Initiative.
- Minxin Pei’s new book is “essential reading” for anyone interested in Chinese kleptocracy. (Economist)
- Post-nuclear deal, Iran remains dependenton Chinese investment. (Bloomberg)
- China is re-thinking its overseas development strategy as “red elephant” projects proliferate. (FT)
- An interview with Hudson/KI’s David Satter about Russia, Ukraine, and the U.S. (Kyiv Post)
- The Kremlin has made a mockery of U.S. engagement efforts: It’s past time to treat Russia like the international poison it is, says Eli Lake. (Bloomberg)
KI Events
- 10/19: Join KI, the Lithuanian ambassador, and a distinguished panel to discuss The Threat of Kleptocracy: States Bordering the Russian Federation.
- 10/20: Journalist Ben Judah and KI will launch a major new report, The Kleptocracy Curse: Rethinking Containment.
