Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
What happens when recovered assets that were stolen by kleptocrats are not simply returned to the government currently in power, but used to benefit victims of corruption — the poor?
What if the mechanism to return these assets is a foundation, monitored by civil society activists as well as a multilateral finance institution like the World Bank?… Continue Reading
The failed FCPA prosecution against James Giffen has been discussed extensively on the FCPA Blog and elsewhere. So has the BOTA Foundation, which was established in 2008 as a direct result of the Giffen case.… Continue Reading
U.S. Attorney General Eric Holder (Image courtesy of the DOJ)The movement to use anticorruption enforcement proceeds for the benefit of corruption’s true victims is gaining ever more momentum.
The UNCAC Coalition — a global network of over 350 civil society organisations in over 100 countries, committed to promoting the ratification, implementation and monitoring of the UN Convention Against Corruption — has recently drafted a letter to U.S.… Continue Reading
I’ve previously argued — following the DOJ’s lead — that the governments in developing countries are usually better understood as the co-conspirators in a bribery scheme than as the victims. So if we want to remedy the harms that resulted from particular bribes, we can’t go through them.… Continue Reading
I suggested in the last post that using the proceeds of an FCPA enforcement action to directly compensate overseas victims had been done before. And it really worked. Or I should say, it is still working, to this day.… Continue Reading
Last post, I discussed the proposal from Nigeria’s Social-Economic Rights and Accountability Project to establish a mechanism for using the proceeds of FCPA settlements to help bribery victims. Specifically, SERAP suggests that civil penalty or disgorgement proceeds be made available to civil-society groups in the victimized country, or to U.S.-based… Continue Reading
