Kleptocracy Daily: July 12, 2017


  • Senate and House Intelligence committees investigating ties between Trump campaign officials and Russia have begun to receive access to financial data from the Treasury’s Financial Crimes Enforcement Network (FinCEN). [More information on what FinCEN does can be found on KI’s website here.]
  • The White House is seeking to change a Senate bill imposing tough new sanctions on Russia so it doesn’t constrain the president’s authority to impose or waive sanctions.
  • Bill Browder, London-based businessman who was investigated last year by the opposition research firm behind the so-called Trump dossier, will testify before the Senate Judiciary Committee next week.
  • The Financial Action Task Force (FATF) has issued a list of nine countries that it says are not taking sufficient measures to combat money laundering and terrorist financing.
  • “By endorsing [this act], we commit to ensuring that not only individual perpetrators but also companies benefitting from corruption can be held liable.” -Leaders of the G20, who have committed to make their public administrations more resilient against corruption.
  • Russian Foreign Minister Lavrov said Moscow is considering taking measures against the U.S. in response to a decision by Obama to expel 35 Russian diplomats and close down two Russian-government-controlled compounds.
  • The crackdown on Russian opposition leader Navalny’s election bid continues as one of his local coordinators is detained.
  • Kazakh President Nazarbaev signed into law a measure that bars people without any prior government experience from running for president.