New Rules for Global Finance is a coalition of development, human rights, labor, environmental, and religious organizations and scholars dedicated to the reform of the global financial architecture in order to stabilize the world economy, reduce poverty and inequality, uphold fundamental rights, and protect the environment.

 

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The New Rules for Global Finance Coalition

and

The Tax Justice Network

 

Invite you to a discussion of

 

Stolen Assets Recovery Initiative (StAR)

 

Sunday, October 21, 2007

 

11:00 am – 12:30 pm

 

Venue: World Bank

1818 H Street, NW, MCC1-100

Washington, DC 20433

  

This event is part of the Civil Society Policy Forum of the 2007 Annual Meetings. Everyone is welcome, but you need to have proper annual meetings accreditation to gain entrance to the World Bank.

 

On September 17, 2007 the World Bank and the United Nations announced a joint initiative to help developing nations recover billions of dollars in stolen assets.  The initiative estimates that US$1.6 trillion is lost each year to various illegal activities including corruption, criminal activity such as drugs, counterfeit goods, money, and illegal arms trade, and tax evasion.  Corrupt leaders of developing countries skim as much as US$40 billion each year and stash their looted funds overseas. Once gone, those assets are extremely difficult to recover, as countries like Nigeria and the Philippines have discovered.

 

Join us to discuss the Stolen Asset Recovery (StAR) Initiative: Challenges, Opportunities, and Action Plan

 

Discussants

 

  • Randi Ryderman, Stolen Assets Recovery Project, World Bank

  • Representative, Office on Drugs and Crime, United Nations (TBC)

  • David Spencer, United Nations Liaison, Tax Justice Network International

  • Tom Cardamone, Global Financial Integrity


Moderator

 

Jo Marie Griesgraber, New Rules for Global Finance Coalition

 

 

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Last updated: 05/06/08.