The terrorist attacks in Burkina Faso at the Splendid Hotel and the recent carnage in Mali at the Radisson are about more than terrorism -- they are also reminders of the grave consequences of state institutions weakened by the effects of engrained and deep seeded corruption.
Entries in Terrorism (18)
The Egmont Group is part of the international infrastructure used by enforcement agencies to share information and help each other develop evidence to prosecute financial crimes, such as money laundering, tax evasion, and graft.
Last week OFAC -- the Office of Foreign Assets Control -- issued its 23rd report to congress detailing blocked assets in the U.S. belonging to terrorist organizations and state sponsors of terrorism.
Last year, 17,958 people were killed in terrorist attacks, 61% more than the previous year. More than 80% of all deaths from terrorist attacks occurred in five of the world's most corrupt countries -- Iraq, Afghanistan, Pakistan, Nigeria, and Syria.
There still seems to be some debate as to whether the FCPA, the UK Bribery Act, and other international focused anti-bribery legislation aids in the fight against terrorism. But the continuum from corruption to crime to terrorism is well-established and arguing that laws such as the FCPA have no place in a country’s overall security regime seems to be me to be naive at best.
Leslie Caldwell, the chief of the DOJ's criminal division, does well at explaining why enforcing the FCPA and fighting corruption is a priority for the United States. Here's part of what she said Wednesday at ACI's 31st international conference on the FCPA at National Harbor, Maryland:
Last month, the DOJ's Leslie Caldwell, described the fight against corruption as “a necessary enforcement action to protect our own national security interests and the ability of our U.S. companies to compete on a global scale.” These comments not only apply to FCPA enforcement but also highlight the long-recognized notion that corruption can threaten peace and security. Today, the threat posed by corruption to security is especially relevant to Africa and the Middle East.
U.S. Attorney General Eric Holder was at NYU law school Wednesday, urging Congress to raise rewards for whistleblowers who report financial crimes.
Acting Assistant Attorney General Mythili Raman of the Justice Department's Criminal Division is leaving the agency Friday, March 21. But the 17-year DOJ veteran made time the day before her departure to speak to the Global Anti-corruption Compliance Congress in Washington, DC.