Going for Broke : Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases

Brun, Jean-Pierre ; Silver, Molly

Washington, DC: World Bank

关键词: ASSET RECOVERY;    BENEFICIAL OWNERSHIP;    ASSET FORFEITURE;    CORRUPTION;    STATE CAPTURE;   

DOI  :  10.1596/978-1-4648-1438-9
RP-ID  :  144070

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

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 theways 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.