Kleptocracy Daily: July 13, 2017


A Singapore court sentenced a former banker to 4.5 years in prison after he pleaded guilty to a money laundering offense linked to his handling of allegedly misappropriated funds from Malaysian fund 1MDB.

A panel that has been created to look into the financial wealth and overseas assets of Pakistani PM Sharif and his children has recommended that a corruption case be brought against the family; this deepening political crisis in Pakistan has spooked investors and risks fresh street protests.

Emails show the security-software maker Kapersky Labs, whose products are widely used in the U.S. and Europe, developed products for the FSB and accompanied agents on raids.

The counter-argument: Germany’s Finance Minister defended Germany’s resistance to EU lawmakers’ demands for public registries of beneficial owners of companies and trusts.


The enormous 18th-floor penthouse at the Sherry-Netherland Hotel in NYC has hit yet another snag in its quest to find a buyer–the owner’s own involvement in a corruption scandal.

Will the current administration soften FCPA enforcement?

How top U.S. national security professionals are launching a project to counter Russian mischief.

“It’s true that foreign nationals and governments are prohibited from contributing to candidates and political committees. However, the confluence of loopholes..allowed for an opening for anyone banned from donating — including foreign governments and nationals — to spend unlimited amounts of money in U.S. campaigns. And they can keep that spending secret.”
-Denver Post op-ed