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Going for Broke

The cost of official corruption is high: it degrades public trust, impedes economic development, and undermines the rule of law. Countries around the world are increasingly using asset recovery measures to pursue justice in official corruption cases and restore funds to public use. Successful appli...

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Autores principales: Silver, Molly, Brun, Jean-Pierre
Formato: En linea
Idioma:inglés
Publicado: Washington, DC: World Bank 2019
Materias:
Acceso en línea:http://documents.worldbank.org/curated/en/963821575381635662/Going-for-Broke-Insolvency-Tools-to-Support-Cross-Border-Asset-Recovery-in-Corruption-Cases
https://hdl.handle.net/10986/32596
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author Silver, Molly
Brun, Jean-Pierre
author_facet Silver, Molly
Brun, Jean-Pierre
author_sort Silver, Molly
collection Colección Libros - Series (activas)
description The cost of official corruption is high: it degrades public trust, impedes economic development, and undermines the rule of law. Countries around the world are increasingly using asset recovery measures to pursue justice in official corruption cases and restore funds to public use. Successful application of bankruptcy or insolvency law can make or break a corruption case. Going for Broke: Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases is intended as a guidebook for asset recovery practitioners for the use of bankruptcy proceedings in their work. It is offered as a complement to our prior texts: Public Wrongs, Private Actions and Asset Recovery Handbook. Going for Broke offers practical advice to inform insolvency representatives, law enforcement officials, policy makers, and those entrusted with recovering their nations’ stolen assets about the ways in which insolvency can be effectively be employed—either to complement an existing civil or criminal asset recovery action or as a stand-alone procedure for recovery. It may also serve as a quick reference for other practitioners, including auditors, accountants, and others who deal with corruption and asset recovery.
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spelling wb-10986-325962025-05-26T05:53:33Z Going for Broke Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases Silver, Molly Brun, Jean-Pierre ASSET RECOVERY BENEFICIAL OWNERSHIP ASSET FORFEITURE CORRUPTION STATE CAPTURE MUTUAL LEGAL ASSISTANCE INSOLVENCY UNCAC MONEY LAUNDERING BANKRUPTCY BRIBERY WINDING UP AML CFT The cost of official corruption is high: it degrades public trust, impedes economic development, and undermines the rule of law. Countries around the world are increasingly using asset recovery measures to pursue justice in official corruption cases and restore funds to public use. Successful application of bankruptcy or insolvency law can make or break a corruption case. Going for Broke: Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases is intended as a guidebook for asset recovery practitioners for the use of bankruptcy proceedings in their work. It is offered as a complement to our prior texts: Public Wrongs, Private Actions and Asset Recovery Handbook. Going for Broke offers practical advice to inform insolvency representatives, law enforcement officials, policy makers, and those entrusted with recovering their nations’ stolen assets about the ways in which insolvency can be effectively be employed—either to complement an existing civil or criminal asset recovery action or as a stand-alone procedure for recovery. It may also serve as a quick reference for other practitioners, including auditors, accountants, and others who deal with corruption and asset recovery. 2019-10-22T17:01:24Z 2019-10-22T17:01:24Z 2020 Book Livre Libro http://documents.worldbank.org/curated/en/963821575381635662/Going-for-Broke-Insolvency-Tools-to-Support-Cross-Border-Asset-Recovery-in-Corruption-Cases 978-1-4648-1438-9 https://hdl.handle.net/10986/32596 10.1596/978-1-4648-1438-9 English StAR Initiative; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf Washington, DC: World Bank
spellingShingle ASSET RECOVERY
BENEFICIAL OWNERSHIP
ASSET FORFEITURE
CORRUPTION
STATE CAPTURE
MUTUAL LEGAL ASSISTANCE
INSOLVENCY
UNCAC
MONEY LAUNDERING
BANKRUPTCY
BRIBERY
WINDING UP
AML CFT
Silver, Molly
Brun, Jean-Pierre
Going for Broke
title Going for Broke
title_full Going for Broke
title_fullStr Going for Broke
title_full_unstemmed Going for Broke
title_short Going for Broke
title_sort going for broke
topic ASSET RECOVERY
BENEFICIAL OWNERSHIP
ASSET FORFEITURE
CORRUPTION
STATE CAPTURE
MUTUAL LEGAL ASSISTANCE
INSOLVENCY
UNCAC
MONEY LAUNDERING
BANKRUPTCY
BRIBERY
WINDING UP
AML CFT
url http://documents.worldbank.org/curated/en/963821575381635662/Going-for-Broke-Insolvency-Tools-to-Support-Cross-Border-Asset-Recovery-in-Corruption-Cases
https://hdl.handle.net/10986/32596
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AT brunjeanpierre insolvencytoolstosupportcrossborderassetrecoveryincorruptioncases