Kleptocracy Daily: May 1, 2017


Trump pledges a commitment to the “robust and thorough enforcement” of the Global Magnitsky Act.

A former head of the DOJ’s FCPA unit said a fear of internal controls being criticized by authorities and regulators is preventing more companies from voluntarily self-disclosing misconduct.

Britain took a significant step towards exposing dirty money in the London property market, passing a law allowing the seizure of homes from foreigners who cannot explain how they paid for them.

South African President Jacob Zuma signed into law the Financial Intelligence Centre Amendment Act, aimed at fighting tax evasion and money laundering.

Two Russian opposition activists have partially lost their sight after unidentified assailants hurled liquid chemicals in their eyes; In both cases, the activists and their doctors are concerned that the damage may be irreparable.

Thousands of Russians across their country in the second widespread show of public discontent in 2 months. The protests, initiated by an organization founded by an exiled former oil tycoon, centered on the right of all Russians to present letters listing grievances to the government.

The Turkish government, known to censor social media sites in the country, blocked access to Wikipedia.


Illicit financial flows from developing and emerging economies were near $1 trillion in 2014 and 4.2 to 6.6% of developing country total trade, according to a study released today by Global Financial Integrity.