“Systemic corruption and kleptocracy in other countries are not merely inconveniences or added costs to doing business. Rather, corruption undermines U.S. national security, and the United States should use all its available tools to combat and deter corrupt actors.”
-KI’s Executive Director Charles Davidson and CNAS Visiting Fellow Kate Bateman, The Hill. For more detail, see KI’s ‘Five Steps to Fight Kleptocracy‘.
KI will be hosting the launch of a report by Marius Laurinavičius, ‘Weaponizing Kleptocracy: Putin’s Hybrid Warfare’ on Wednesday 6/14 from 9-10:30am. More information and registration available here.
U.S.
- The Kingdom of Saudi Arabia has paid Trump International Hotel nearly $270,000 through its Washington, D.C. lobbying firm over the past several months, new foreign lobbying disclosure filings show.
- U.S. Sen. Ted Cruz will speak at an EB-5 investment industry gathering co-sponsored by related companies in late July; the news comes as Jared Kushner is under fire for his family company’s use of the controversial visa program.
- Trump’s nominee for FBI director is a partner at the law firm representing Russia’s national oil company Rosneft.
- A new Congressional bill targets Russia’s use of illicit finance to attack democracies.
- The U.S. Supreme Court indirectly limits an important component of the DoJ’s FCPA pilot program.
Russia
- Leaked documents show Russian and Serbian attempts to meddle in Macedonia, as well as to support anti-Western and pro-Russian nationalists in Macedonia.
- Russia’s super-rich are giving up residency to avoid laws requiring them to disclose offshore wealth.
China
- China’s exiled tycoon who is now residing in New York has rocked Chinese politics for months by exposing the corrupt lifestyle of high-ranking Communist Party officials. Guo made the allegations ahead of the looming transition in the standing committee of the party’s politburo.
Europe
