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.

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