Making a Hash of Finding the Cash  

Oleh:

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 407 no. 8835 (May 2013), page 60-62.
Topik: International; Governmental Reform; Corruption in Government; Theft; Funds; Political Behavior

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

In the months after the Arab spring, rumours swirled in Egypt, Libya and Tunisia that every household would gain a slice of looted public funds prised from the grasp of their former leaders and the cronies who surrounded them. International anti-corruption campaigners looked forward to a promising new front opening in the global war on graft. Estimates of the loot range widely, reflecting the murkiness of offshore finance, but the talk is of tens of billions of dollars. What is clear is that the value of assets identified and frozen by foreign governments is disappointingly small: two years after the Arab spring, they are worth a little over $1 billion, more than three-quarters of it in Switzerland. Even modest recoveries are welcome for cash-strapped governments. But amid legal blockages, investigative dead-ends and recriminations, early hopes gave way to despair. Now some signs suggest the tide is turning.

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