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