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World Bank

Stolen Asset Recovery Initiative Supports Developing Countries in their Battle Against Corrupt Leaders

posted by Anna-Maria Müller at 14h02 GMT on Sep 21

Tthe World Bank started a new partnership program with the United Nations Office of Drugs and Crime (UNODC) in order to support developing countries recovering assets stolen by corrupt leaders.

Developing countries often encounter severe problems due to misgovernment and corruption. The new co-operation will provide assistance and institutional help in order to recover stolen money and bring it back in developing countries and their rattled economies.

To improve and facilitate those efforts Switzerland joined the initiative and will support this accomplishment among others with new laws, to make illegal financial deposits impossible.

Read more about this important new program on BBC News online and on NewsFeedResearcher.com

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