Kleptocracy Weekly: August 7 – August 11
Global Magnitsky Act – Trump pledges commitment, New report on illicit financial flows
Global Magnitsky Act passes to Congress, US acts as “global prosecutor,” and Ukraine puts public procurement online
Spain issues arrest warrants for Tambovskaya and Malyshevskaya gangs, China ramps up global anti-graft hunt, and US lawmakers consider Global Magnitsky Act
The United States has the chance to make greater use of a tool that has held foreign officials to account for flagrant corruption and human rights abuses. That tool is targeted sanctions, refined to squeeze culpable officials and minimize collateral damage to innocent people and businesses.