Kleptocracy Daily: March 1, 2017


The Washington Post analyzes Trump’s promise to “drain the swamp” and institute a lifetime ban on administration officials lobbying for foreign governments.

The DoJ and SEC fined General Cable for violating FCPA guidelines in several countries. (JD Supra)

Virtual currencies such as Bitcoin were included in the amendment to the EU’s anti-money laundering legislation. (CryptoCoinsNews) 

An international group of more than 30 business consultants and investors–including 26 Britons–have been charged in Dubai for laundering more than Dh20 million. (National)

Many large Western banks still remain hesitant about doing business with Iran for fear of inadvertently aiding money laundering financing terrorism. (Financial Times)

Senior Chinese provincial official Zhao Liping was sentenced to death yesterday for murder and graft. (Business Standard)