Asset recovery and kleptocracy
Abstract
Purpose
The purpose of this paper is to present a discussion of the corrosive effects of corruption and techniques, both criminal and civil to recover the proceeds of corruption.
Design/methodology/approach
The paper examines the Canadian and international perspective on the issue.
Findings
Civil asset recovery is a viable technique although there are a number of barriers that need to be addressed.
Research limitations/implications
Further research on the effectiveness of recovery measures needs to be conducted.
Practical implications
The paper examines the practical implications of the asset recovery techniques to address corruption.
Originality/value
Perspectives on asset recovery are brought to bear from an anti‐money laundering and forfeiture practitioner.
Keywords
Citation
Simser, J. (2010), "Asset recovery and kleptocracy", Journal of Financial Crime, Vol. 17 No. 3, pp. 321-332. https://doi.org/10.1108/13590791011056282
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited