Kleptocracy Daily: April 26, 2017

The Justice Department “will continue to strongly enforce the FCPA and other anti-corruption laws…[corruption] increases the cost of doing business and hurts honest companies that don’t pay these bribes.”
-AG Jeff Sessions, speaking at the Ethics and Compliance Initiative Annual Conference in Washington, DC.

The heads of the House Oversight Committee say ex-national security adviser Michael Flynn likely broke the law when he hid foreign payments from Russia and Turkey; the White House won’t give the committee documents. (The Daily Beast)

Former acting AG Sally Yates is set to testify May 8 before a Senate judiciary investigation into Russia’s interference in last year’s elections. (CNN)

EU foreign-policy chief Federica Mogherini told Russia that the EU wants better ties but cannot pretend that Moscow did not annex Crimea, and said that sanctions will remain in place. (RFE/RL)

Allied Irish Banks Plc, preparing for what could be one of the biggest share sales in London this year, was fined more than $2.2 million by the Irish central bank overcompliance failures in relation to anti-money laundering and terrorist financing. (WSJ)

Putin criticized opposition leader Aleksei Navalny, indirectly accusing him of using his anticorruption campaign to gain political prominence. (RFE/RL)

Sweden must better coordinate its enforcement of anti-money laundering and terrorist financing policies, says the international standards-setting Financial Action Task Force. (WSJ)

A Kyiv court has released on bail an influential former lawmaker suspected of embezzlement; he was the chairman of the Ukrainian parliament’s fuel and energy committee. (RFE/RL)


Foreign Affairs Committee to hold a hearing on the easing of sanctions against South Sudan’s violent kleptocracy today at 2:30pm.