Kleptocracy Daily: March 16, 2017


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 by the European Parliamentary Research Service found banks often over- or under-report suspicions of money laundering or terrorist financing to national agencies to protect themselves from regulators. (Law360)

South Korean prosecutors expand their corruption inquiry, due to a widening corruption scandal that led to the dismissal of President Park Geun-hye last week. (Voice of America)

The Ukrainian President Petro Poroshenko has placed sanctions on five Russian state-owned banks operating in Ukraine. (Moscow Times)

Former U.S. Representative, Philip English, registered to lobbying for Ukrainian oligarch Ihor Kolomoisky. (U.S. Senate Lobbying Disclosure Database)

The Justice Department charged 8 Navy officials — including an admiral — with corruption and other crimes in the “Fat Leonard” bribery case. (WaPo)


Bloomberg analyzes how an elite list of Russia’s oligarchs found new homes in Manhattan’s Trump World Tower during the 1990s.

A new op-ed in the Huffington Post argues why corruption in China is, in fact, here to stay.