Tag: kleptocracy

In today’s era of billion-dollar corruption scandals and wealth-hoarding kleptocrats, an increasing number of governments and global organizations are taking steps towards beneficial ownership transparency (BOT). A beneficial owner is, according to Transparency International’s definition, “the real person who ultimately owns, controls or benefits from a company or trust fund and the income it generates”…. Read More

The Center for International Private Enterprise (CIPE) recently sat down with members of one of Mexico’s leading nonpartisan think tanks, México Evalúa, to discuss the organization’s work and how it relates to CIPE’s anti-kleptocracy efforts in Latin America. Regulation and Economic Competition Program Coordinator, María Fernanda Ballesteros and Institutional Development Officer, Liliane Mendoza, shared how… Read More

Photo Credit: CIPE On May 15, one day after this blog was originally published by the FCPA Blog, Russian lawmakers adopted in the first reading amendments to the Criminal Code to make it a criminal offence to observe sanctions imposed by the United States or other foreign countries on Russian oligarchs and government officials. The… Read More

Late last week, one of the world’s largest integrated telecommunications services operators, VimpelCom, agreed to pay a $835 million settlement to U.S. and Dutch authorities. The company is accused of paying $114 million to Uzbek president Islam Karimov’s relative, widely believed to be his daughter, Gulnara Karimova. The U.S. Department of Justice (DoJ) claims that… Read More