The Stolen Asset Recovery Initiative (StAR)

is a partnership between the World Bank Group and the United Nations Office on Drugs and Crime (UNODC) that supports international efforts to end safe havens for corrupt funds. StAR works with developing countries and financial centers to prevent the laundering of the proceeds of corruption and to facilitate more systematic and timely return of stolen assets. Learn More About Us >

ourwork

 Corruption steals from the poor. It steals the promise of a brighter future.

 

—Jim Yong Kim, President of the World Bank Group

 

THE StAR BLOG
Recovering stolen assets on the road to ending impunity

On International Anti-corruption Day 2014, one of the issues we at the Stolen Asset Recovery Initiative want to illustrate - is how recovering stolen assets helps fight corruption and end impunity.


StAR in...

Asset Recovery on Ukraine

Following the ouster of former Ukrainian President Victor Yanukovich in February 2014, efforts have begun to recover stolen assets at the initiative of the Government of Ukraine.

G20 Anti-Corruption Work

The G20’s Anti-Corruption Working Group (ACWG) coordinates the collective and national efforts of its members, as well as of international organizations.

Publications

Public Wrongs, Private Actions
Civil lawsuits are often overlooked as a way to recover stolen assets. But this latest StAR report shows how they can provide an effective complement to more commonly-used criminal approaches.
Few and Far The Hard Facts on Stolen Asset Recovery
Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of official development
Left out of the Bargain: Settlements in Foreign Bribery Cases and Implications for Asset Recovery
Countries have increasingly used settlements — any procedure short of a full trial— to conclude foreign bribery, imposing billions in monetary sanctions. But what happens to the money associated with settlements? And

StAR News

The Wall Street Journal | December 11 2014
Canadian Firm Recoups Cash in Bribery Case
Swissinfo.ch | November 1 2014
Opening of the Third Arab Forum on Asset Recovery in Geneva, Switzerland
Reuters | September 16 2014
StAR/OECD new report: ‘Few and Far”: The Hard Facts on Asset Recovery’ reported by Reuters

Events

December 8 2014
The World Bank Group's International Corruption Hunters Alliance (ICHA) brings together heads and senior officials...