The Stolen Asset Recovery Initiative, or StAR, is a partnership between the World Bank Group and the United Nations Office on Drugs and Crime (UNODC). It supports international efforts to end safe havens for corrupt funds.
Entries in Stolen Asset Recovery Initiative (6)
It is repellent to read how a has been systematically plundered. For the culprit to be a member of the ruling family only adds weight to the wrong.
Canada's biggest engineering and construction firm is recovering more than $13 million, claiming it was a victim of alleged bribes paid to the son of former Libyan dictator Moammar Gadhafi.
Developing countries are losing between $20 billion to $40 billion every year, making graft the greatest obstacle to economic and social development around the world, according to a report released this month by the United Nations Office on Drugs and Crime (UNODC).
As the G8 leaders meet in Northern Ireland today and tomorrow, it is important that they make strides on two key anti-corruption issues: (1) Ensuring public officials and their relatives cannot cloak their identities and the source of their corrupt funds by using anonymous corporations and (2) Ensuring that extractive wealth fuels development rather than corruption and poor governance.