Corruption: Moving money out of purgatory

FT Big Read

• Episode: Corruption: Moving money out of purgatory
• Website: FT Big Read
• Feed URL: http://rss.acast.com/ft-big-read
• Duration: 00:11:02
• Published: 2016-07-08 20:41

The likes of the US, UK and Switzerland are extending their reach as global policemen to track, recover and return stolen assets. Some groups estimate that as much as $1tn a year is stolen from developing nations. But in the crackdown on kleptocracy, Kara Scannell reports how authorities have faced difficulties in returning illicit assets to citizens

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