New Policy Brief: “Yes, We Have Leverage”
This new policy brief by Brad Brooks-Rubin offers a playbook for immediate and long-term financial pressures to address violent kleptocracies in East and Central Africa
Yes, We Have Leverage: A Playbook for Immediate and Long-Term Financial Pressures to Address Violent Kleptocracies in East and Central Africa
This policy brief lays out four sets of tools that can form a playbook to deal with violent kleptocracies in East and Central Africa.
Guardian Op-ed: British Banks are Go-betweens in Global Conflict. This can be Stopped.
Almost a year ago, the UK government convened a global summit to commit to fighting corruption. The final communiqué from the governments involved summed up their historic intentions: “We want to send a clear signal to the corrupt that they will face consequences internationally. We want to make it harder for them to travel and do business in our countries.”
U.S. Tools to Bankrupt Kleptocracy: The Foreign Corrupt Practices Act (FCPA)
The Foreign Corrupt Practices Act (FCPA) was passed in 1977 and prohibits U.S. persons from bribing foreign officials. The law was developed after an investigation by the U.S. Securities and Exchange Commission found that in order to secure business opportunities overseas, over 400 U.S. companies had paid hundreds of millions of dollars in bribes to foreign officials. The same investigation found that these firms were using “secret slush funds” and falsifying corporate records to disguise illicit payments to foreign officials (as well as illegal campaign contributions to U.S. politicians).