Kleptocracy Daily | October 30, 2017

Russia probe: Paul Manafort and his associate Rick Gates were indicted by the FBI on 12 counts this morning, including conspiracy against the United States, money laundering, and failure to disclose U.S. lobbying work for Ukraine’s Yanukovych regime. They both pleaded not guilty. Read the full indictment here. (CNN)

George Papadopolous, a former Trump campaign advisor, pleaded guilty to lying to the FBI about the timing of his contact with possible Russian go-betweens. Here’s the indictment.

Steele dossier: The role played by Fusion GPS in its preparation raises troubling questions, writes Michael Weiss. (CNN)

Sanctions: The U.S. State Department issued new sanctions against 39 Russian companies and organizations linked to the defense and intelligence sectors. The Kremlin’s continued fury means sanctions are working, writes Anne Applebaum. (WaPo)

Obiang trial: The vice president of Equatorial Guinea was convicted of embezzling public funds by a French court. (Guardian)

China: Beijing will establish its new anti-corruption superagency next year, tightening Xi Jinping’s grip over the Party. (Reuters)

Xi has established a model of totalitarianism for the 21st Century, writes Jackson Diehl. (WaPo)

The departure of Wang Qishan as anti-graft chief could mean that Beijing is taking Guo Wengui’s threats to reveal more information seriously. (RFA)

Russia: “This isn’t just theft, but theft with a geopolitical goal,” says Brian Whitmoreof Putin’s particular brand of kleptocracy. (RFE/RL)

UK: Ministers trumpeted progress in the second money laundering national risk assessment, but critics aren’t so sure. (WSJ)

Risks of de-risking: HSBC is facing legal challenges from small businesses whose accounts were frozen in response to tightened money laundering requirements. (FT)

Compiled by Nate Sibley.

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