Kleptocracy: A Clever Name and a Clever Way to get around Sovereign Immunity

Kleptocracy: A Clever Name and a Clever Way to get around Sovereign Immunity

By Calla Ketchens.

This past summer the Department of Justice began the process to recover $1BN from the Malaysian government. The complaint alleges misappropriation and money laundering beginning as early as 2009. Today's post discusses kleptocracy, the Kleptocracy Asset Recovery Initiative, and provides an analysis regarding the action against Malaysia.

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