Recovering the proceeds of corruption

Abstract

Purpose

Until very recently there was little real concern in governments and inter‐governmental organisations to address the problems and issues of corruption in the context of sustainable development and stability. This article aims to focus on the present situation with regard to asset recovery in the domestic and international arena.

Design/methodology/approach

The article takes the form of an analysis and discussion of the present situation.

Findings

The new United Nations Convention on Corruption represents a significant achievement in the on going fight against those who seek to corrupt societies. It does not and cannot provide a panacea. There are numerous compromises, fudges and lacuna. However, it does point in the right direction in regard to many issues and provide a vehicle for those pursuing the fight against corruption.

Originality/value

The article provides some pointers for the interdiction and recovery of the proceeds of corruption.

Citation

Rider, B.A.K. (2007), "Recovering the proceeds of corruption", Journal of Money Laundering Control, Vol. 10 No. 1, pp. 5-32. https://doi.org/10.1108/13685200710721845