Kleptocracy Daily: June 14, 2017

Watch live Weaponizing Kleptocracy: Putin’s Hybrid Warfare, a conversation with Marius Laurinavičius, Michael Weiss, Hannah Thoburn, Charles Davidson, and Jeff Gedmin.

The Senate Foreign Relations and Banking Committee struck an agreement to roll out additional sanctions on Russia and make it difficult for the President to lift them.

Trump has prolonged sanctions against Belarusian President Lukashenka and members of his ruling apparatus for another year.

…While Russia’s State Duma Chairman said that Western sanctions against Russia and Belarus are the result of its contempt towards ethnic Slavs.

Russia’s cyberattack on the U.S. electoral system before the presidential election was far more widespread than has been publicly revealed, including incursions into voter databases and software systems in almost twice as many states as previously reported.

The Trump administration has asked Beijing to take action against nearly 10 shadowy Chinese companies and individuals to curb their trading with North Korea as part of a strategy to decapitate the key networks that support Pyongyang’s nuclear-weapons program.

The chairman of an influential Chinese insurance company has stepped down after domestic media reported that he had been detained as authorities pursue a sweeping campaign against alleged corruption in the financial industry.

Five senior Israeli electric company employees sentenced in massive Siemens bribery case–in its ruling, the court said the case highlights “a culture of deep corruption that permeated the electricity company at the highest levels.”

The United States, the European Union, and human rights groups have condemned the detention of hundreds of peaceful protesters across Russia during anti-corruption demonstrations.

Denmark’s Financial Services Authority plans tougher scrutiny of how banks assess the risk of money laundering when a new law to combat the crime comes into effect this month.


Why time is running out for Putin’s kleptocracy.

Foreign Affairs asks, ‘Will corruption doom China?

Poison in the System–how the death of Alexander Perepilichnyy, a financier who exposed a vast financial crime by Russian government officials, was likely assassinated on the direct orders of Putin.