Newsroom: Resources for Journalists

Newsroom

Newsroom
  • The Economist | May 11 2013
    Making a hash of finding the cash: Why have Arab countries recovered so little of the money thought to have been nabbed by their former regimes?
  • La Presse de Tunisie | May 13 2013
    Three Questions for Jean Pesme
  • StAR | April 12 2013
    Tunisia’s cash-back: The start of more to come?
    It is welcome news that Tunisia has received $28.8 million corruptly acquired by the country’s former President Zine El Abidine Ben Ali. The money emanates from a Lebanese bank account held by
  • OSCE Magazine | November 4 2012
    Recovering stolen assets: making crime pay back
    The trend started when ousted President Ferdinand Marcos of the Philippines and his associates made off with US$5 to 10 billion in stolen assets in 1986.
  • The Economist | February 16 2013
    Storm survivors
    Offshore financial centres have taken a battering recently, but they have shown remarkable resilience, says Matthew Valencia
  • The Economist | January 21 2012
    Corporate anonymity: Ultimate privilege: Finding out who owns a company can be tricky. So is changing the law
  • 21st Century Business Herald | April 8 2013
    Global crime, Illicit funds and nowhere to hide: the World Bank and the United Nations build a global recovery mechanism to fight corruption and the misappropriation of assets.
    It is getting increasingly difficult for corrupt officials to escape. In 2007, in order to help countries recover assets stolen by corrupt officials, the World Bank and the United Nations Office on
  • The New York Times | January 19 2012
    Getting Back the Bad Guy's Loot

Pages

  • PSD Blog - blogs.worldbank.org | February 5 2013
    By:
    • Richard Miron
    Bringing the banks to account
    It began as a trickle but has turned into a flood. HSBC, Barclays, Wachovia, JP Morgan, and UBS have all been engulfed by waves of scandal involving, money laundering, fixing interest rates, risky trades, and rigging the money markets. The question now is – have the banks gone bad?
  • PSD Blog - blogs.worldbank.org | December 7 2012
    By:
    • Richard Miron
    Illicit Enrichment uncovered – and discovering the best ways to fight it
    The latest publication of the World Bank’s Stolen Asset Recovery Initiative (StAR) takes a long hard look at illicit enrichment, along with the potential benefits and difficulties of criminalizing the offense. The guide - “On the Take: Criminalizing Illicit Enrichment to Fight Corruption,” is based upon the experiences of the forty four countries around the world that have undertaken this move, highlighting both its benefits and difficulties. 
  • blogs.worldbank.org | August 13 2012
    By:
    • Emile van der Does de Willebois
    No Willful Blindness to Corruption
    Last week, British NGO Global Witness published Grave Secrecy, a report on how U.K. registered companies were allegedly used to launder the profits of corruption. Hundreds of millions of dollars passed through the corporate accounts of dozens of shell companies that held bank accounts at Asia Universal Bank (AUB), the largest bank in Kyrgyzstan. Although the report is based on one concrete case of alleged corruption and money laundering in that country, its relevance goes beyond that single example.
  • worldbank.org | June 4 2012
    By:
    • Jeanne Hauch
    Caught bribing foreign officials: Have you ever wondered where the money companies pay in sanctions is ending up?
    A decade ago, prosecutions of companies for paying bribes abroad were rare.  Today, you can open the business section of almost any major newspaper and find a story about a company under investigation for bribery of foreign officials.  
  • blog.worldbank.org | April 2 2012
    By:
    • Larissa Gray
    Fighting Corruption: The Politically Exposed Persons Factor
    Last month, the Financial Action Task Force on money laundering (FATF), revised its 40+9 Recommendations on the fight against money laundering and the financing of terrorism (AML/CFT) with a new set of 40 Recommendations.  
  • blogs.worldbank.org | March 27 2012
    By:
    • Alexandra Habershon
    Will finanancial disclosure by public officials mean less corruption?
    Financial disclosure systems are attracting increasing attention. Can these systems credibly help to prevent corruption in public office? Can they play a useful role in detecting officials who engage in corrupt behaviors? Could they even assist in the complex global work of tracking and investigating illicit flows?  

Pages

PSD Blog - blogs.worldbank.org | February 5 2013
By:
Richard Miron
Bringing the banks to account
It began as a trickle but has turned into a flood. HSBC, Barclays, Wachovia, JP Morgan, and UBS have all been engulfed by waves of scandal involving, money laundering, fixing

Media Contacts

Richard Miron

rmiron@worldbank.org

1818 H Street NW Washington, DC 20433

Mail Stop: I 9-906