Tag: Anticorruption

US Moves to Freeze and Seize Nigerian Dictator Abacha’s Assets–But Who Will Get the Money?

Posted on March 10th, by Rajarshi Banerjee in Uncategorized. No Comments

This post was originally published in the Global Anticorruption Blog, an exciting new initiative by Harvard Law School professor, and LIDS mentor, Matthew Stephenson. Six current and former LIDS members–Rajarshi Banerjee, Daniel Holman, Maryum Jordan, Meng Lu, Philip Underwood, and Colette van der Ven–are contributors to the Blog. LIDS Live will post brief introductions to their posts, and direct you to the Blog to read the rest.

By Rajarshi Banerjee

Last week, the U.S. Department of Justice (DOJ) announced that it had frozen about $458 million in corruption proceeds that former Nigerian dictator Sani Abacha and his conspirators allegedly embezzled from Nigeria’s central bank, laundered through U.S. financial institutions, and deposited in bank accounts around the world. The freeze is a first step in the DOJ’s largest-ever forfeiture action under its recent Kleptocracy Asset Recovery Initiative (KARI).  There is much to say about this development, but the question that most immediately comes to my mind (and likely many Nigerians’ minds) is: What will the DOJ do with all this money? Continue reading on the Global Anticorruption Blog →


Event: Fighting Corruption in Brazil

Posted on November 10th, by hlids in Events, LIDS LIVE. No Comments

Event: Fighting Corruption and Promoting Public Transparency in Brazil

Day: Friday, November 15

Time: 12:00 – 1:00 pm

Where: WCC 5048, Harvard Law School

Note: This is a brown bag lunch event.


World Bank Attorneys Host LIDS Members for Summer Lunch Discussion on Corruption Enforcement

Posted on August 1st, by hlids in LIDS LIVE. No Comments

August 1, 2013 – Daniel Holman

This summer, LIDS members working in DC sat down to lunch with attorneys at the World Bank.  HLS alum and LIDS Advisory Board member Cid Butuyan and two of his attorney colleagues discussed their work with the Bank’s Integrity Vice Presidency, the division of the World Bank that investigates reports of misconduct and administers sanctions against firms that engage in corrupt behavior.  The role of multilateral lenders in shaping anti-corruption norms is a cutting edge area of law – The Economist recently reported on the past year’s uptick in enforcement actions – and was a topic of conversation at LIDS 2012 symposium on Corruption and Development.  At the lunch, LIDS members learned about the career paths that led attorneys to the Bank and about the interaction between the Bank and their interaction with lawyers working on the finance side of the Bank and in the private sector.

(Image courtesy of World Bank Photo Collection. Some rights reserved.)