Developing countries lose an estimated US$20-40 billion each year through bribery, misappropriation of funds, and other corrupt practices. Often, the most visible manifestation of corruption is the enrichment of a corrupt public official. Despite such visibility, prosecuting corruption can be very problematic, particularly when it requires proving the offer or acceptance of a bribe. Even when the corruption is established in a court of law, linking the proceeds of the crime to the offense in order to recover assets is a complex endeavor. In response, some countries looking to strengthen their...
Developing countries lose an estimated US$20-40 billion each year through bribery, misappropriation of funds, and other corrupt practices. Often, the ...