U4 Practice Insight | Illicit financial flows

Making development assistance work at home: DFID's approach to clamping down on international bribery and money laundering in the UK

By Alessandra Fontana
Bergen: Chr. Michelsen Institute (U4 Practice Insight no. 2011:5) 12 p.

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This publication is from 2011. Some of the content may be outdated. Search related topics to find more recent resources.

Corruption will remain a profitable crime in developing countries as long as counterparts in rich countries are willing to hide stolen resources. Working to improve governance in poor countries will only address part of the issues. To disrupt the mechanisms that enable illicit outflows, the UK Department for International Development is funding the City of London Police, the Metropolitan Police and the Crown Prosecution Service to increase investigations on money laundered by senior political figures in the UK. In 4 years, millions of pounds have been frozen and repatriated – indicating a shift in thinking in what counts as development work in a world with global patterns of corruption.

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