Kleptocracy Daily: March 28, 2017


U.S. federal prosecutors are investigating North Korea’s role in the attempted theft of nearly $1 billion from the Central Bank of Bangladesh. Deputy director of the NSA, Richard Ledgett, said last week that “if [this] is true, that means a nation-state is robbing banks. That is a big deal.” (OCCRP)

Ukrainian President Petro Poroshenko signed into law controversial amendments to the country’s anticorruption legislation requiring representatives of nongovernmental organizations to file assets declarations; it will also relieve military officers of the obligation to file such declarations. (RFE/RL)

The European Court of Justice ruled that EU sanctions imposed on Russian energy giant Rosneft over Moscow’s seizure of Crimea and involvement in the conflict in eastern Ukraine are lawful. (RFE/RL)

11 people working for Navalny’s Anti-Corruption Fund (ACF) have been jailed after live streaming anti-government protests across Russia, which have been noticeably absent from Russian television. The Kremlin has also accused Navalny of paying children to attend these rallies. (Moscow Times)


“This is not the street-level corruption, nor even the €5,000 bribe. It is the top-level corruption, the sort in which no payments change hands. Rather, it is an exchange of favors, of preference, and of political loyalties.”
-Mark Galeotti, on corruption in Russia and why it remains Putin’s biggest threat.



Ben Judah will discuss kleptocracy and democracy in conjunction with the Center for Transatlantic Relations at Johns Hopkins SAIS. Register here

Thursday, March 30: 

KI’s Charles Davidson will be on an upcoming panel at Brookings, ‘One year after the Panama Papers: Progress on anonymous corporate ownership?’ Register here