Kleptocracy Daily: June 30, 2017

July 18: KI and the Partnership for Transparency’s Anti-Corruption Forum will host a discussion on U.S. government approaches to kleptocracy and money laundering, including investigations, prosecutions, compliance, and possible legislation. More information and registration here.


Federal prosecutors won a court victory that paves the way for the government toseize a Midtown Manhattan office building they said was a front for the Iranian government and was involved in a money-laundering transaction that illegally provided money to Iran in violation of U.S. sanctions.

A billionaire real estate developer from Macau spent years corrupting United Nations officials so they would support his effort to build a huge conference center in the gambling destination, a U.S. prosecutor said on Thursday at the start of his bribery trial.

The U.S. seeks to keep closer tabs on Chinese money in America.

Malta is among a number of EU countries that missed a June 26 deadline to implement stricter anti-money laundering rules.


“As Jared Kushner hires high-powered defense attorneys in what is likely to be a protracted investigation by Special Counsel Robert Mueller, keep the details of just what Vnesheconombank is in the back of your mind. If there was talk of any kind of loan, it wasn’t really with a ‘Russian bank,’ but with ‘Putin’s banker.'”
-Anders Aslund in The American Interest