Publication:
Public Wrongs, Private Actions : Civil Lawsuits to Recover Stolen Assets

Simple item page
dc.contributor.authorBrun, Jean Pierre
dc.contributor.authorDubois, Pascale Helene
dc.contributor.authorvan der Does de Willebois, Emile
dc.contributor.authorHauch, Jeanne
dc.contributor.authorJaïs, Sarah
dc.contributor.authorMekki, Yannis
dc.contributor.authorSotiropoulou, Anastasia
dc.contributor.authorSylvester, Katherine Rose
dc.contributor.authorUttamchandani, Mahesh
dc.date.accessioned2014-10-20T16:32:41Z
dc.date.available2014-10-20T16:32:41Z
dc.date.issued2015
dc.description.abstractCorruption and thefts of public assets harm a diffuse set of victims, weakens confidence in public institutions, damages the private investment climate, and threatens the foundations of the society as a whole. In developing countries with scarce public resources, the cost of corruption is an impediment to development: developing countries lose between US$20 to US$40 billion each year through bribery, misappropriation of funds, and other corrupt practices. Corruption is by no means a "victimless crime." This study aims to explore the standing of States and Government entities as victims and the possible recourse to private actions to redress public wrongs. States and Government entities may act as private litigants and bring civil suits to recover assets lost to corruption. The goal of this work is to promote knowledge and understanding as well as to increase the use of civil remedies and private lawsuits to recover stolen assets in the context of the United Nations Convention against Corruption (UNCAC) offences. The UNCAC, the global standard for the fight against corruption, does not contain a legal definition of corruption itself but lists an array of offences, including public and private sector bribery and the embezzlement of public and private sector funds. The study will mainly focus on these two types of corruption, namely bribery and embezzlement of funds. This study is not intended in any way to minimize the importance of criminal proceedings and confiscation in addressing acts of corruption. Rather, it will show that civil law remedies can effectively complement criminal penalties by attacking the economic base of corrupt activities both in the public and the private sectors. In fact, given the magnitude of the challenges, all avenues of asset recovery, be they criminal or civil, should be explored simultaneously in order to tackle corruption from each and every angle and achieve the goals of deterrence and enforcement. Hence, while criminal law expresses society's disapproval of the corrupt acts and aims at dissuasion, punishment, and confiscation of illicit proceeds, civil law focuses on victims' interests and aims at compensation and restitution. These procedures may occur sometimes in parallel, sometimes sequentially. An effective response to corruption very often requires concomitant use of both criminal and civil law remedies to achieve the desired result.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/01/20306383/public-wrongs-private-actions-civil-lawsuits-recover-stolen-assets
dc.identifier.doi10.1596/978-1-4648-0370-3
dc.identifier.isbn978-1-4648-0370-3
dc.identifier.urihttps://hdl.handle.net/10986/20456
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABUSE
dc.subjectABUSES
dc.subjectACT OF CORRUPTION
dc.subjectADMINISTRATIVE LAW
dc.subjectAGENCY PROBLEM
dc.subjectANTI-BRIBERY
dc.subjectANTI-CORRUPTION
dc.subjectANTIBRIBERY
dc.subjectANTIBRIBERY LAWS
dc.subjectANTICORRUPTION
dc.subjectANTICORRUPTION AGENCIES
dc.subjectANTICORRUPTION COMMISSIONS
dc.subjectANTICORRUPTION LEGISLATION
dc.subjectASSETS
dc.subjectAUTHORITY
dc.subjectBANKS
dc.subjectBEST PRACTICES
dc.subjectBREACH OF CONTRACT
dc.subjectBRIBE
dc.subjectBRIBE PAYER
dc.subjectBRIBE PAYERS
dc.subjectBRIBERY
dc.subjectBRIBERY CASES
dc.subjectBRIBES
dc.subjectBUSINESSMAN
dc.subjectCASE LAW
dc.subjectCHAPTER 7
dc.subjectCIVIL LAW
dc.subjectCIVIL LAW JURISDICTIONS
dc.subjectCIVIL LIABILITY
dc.subjectCIVIL LITIGATION
dc.subjectCIVIL PROCEDURES
dc.subjectCIVIL SOCIETY
dc.subjectCIVIL SOCIETY ORGANIZATIONS
dc.subjectCLAIM
dc.subjectCLAIM FOR DAMAGES
dc.subjectCLAIMANT
dc.subjectCLAIMANTS
dc.subjectCODES
dc.subjectCOLLATERAL
dc.subjectCOMMON LAW
dc.subjectCOMMON LAW COUNTRIES
dc.subjectCOMMON LAW JURISDICTIONS
dc.subjectCOMMON LAW SYSTEMS
dc.subjectCOMPARATIVE LAW
dc.subjectCOMPENSATION
dc.subjectCOMPENSATION OF DAMAGES
dc.subjectCOMPLAINTS
dc.subjectCONCEALMENT OF ASSETS
dc.subjectCONCESSION
dc.subjectCONCESSIONS
dc.subjectCONFIDENCE
dc.subjectCONFISCATION ORDER
dc.subjectCONFISCATION ORDERS
dc.subjectCONFLICT OF INTEREST
dc.subjectCONTRACTUAL TERMS
dc.subjectCOPYRIGHT
dc.subjectCORRUPT
dc.subjectCORRUPT ACTIONS
dc.subjectCORRUPT ACTS
dc.subjectCORRUPT OFFICIAL
dc.subjectCORRUPT OFFICIALS
dc.subjectCORRUPT PRACTICES
dc.subjectCORRUPTION
dc.subjectCOURT DECISION
dc.subjectCOURT OF APPEALS
dc.subjectCOURT OF JUSTICE
dc.subjectCOURT PROCEEDINGS
dc.subjectCRIME
dc.subjectCRIME CONTROL
dc.subjectCRIMES
dc.subjectCRIMINAL
dc.subjectCRIMINAL ACTION
dc.subjectCRIMINAL ACTS
dc.subjectCRIMINAL CODES
dc.subjectCRIMINAL INVESTIGATION
dc.subjectCRIMINAL INVESTIGATIONS
dc.subjectCRIMINAL LAW
dc.subjectCRIMINAL LIABILITY
dc.subjectCRIMINAL PENALTIES
dc.subjectCRIMINAL PROCEDURE
dc.subjectCRIMINAL PROCEDURES
dc.subjectCRIMINAL PROSECUTIONS
dc.subjectCRIMINAL PUNISHMENTS
dc.subjectCRIMINOLOGY
dc.subjectCRONIES
dc.subjectDEPOSIT
dc.subjectDIFFERENT LEGAL SYSTEMS
dc.subjectDISCLOSURE OBLIGATIONS
dc.subjectDOMESTIC LAW
dc.subjectECONOMIC AND FINANCIAL CRIMES COMMISSION
dc.subjectECONOMIC CRIME
dc.subjectECONOMIC CRIMES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEMBEZZLEMENT
dc.subjectEQUITABLE REMEDY
dc.subjectESTATE
dc.subjectESTATE AGENTS
dc.subjectEU
dc.subjectEUROPEAN UNION
dc.subjectFIGHT AGAINST CORRUPTION
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRIMES
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SERVICES
dc.subjectFINES
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANK ACCOUNT
dc.subjectFOREIGN CORRUPT PRACTICES
dc.subjectFOREIGN CORRUPT PRACTICES ACT
dc.subjectFOREIGN COURT
dc.subjectFOREIGN COURTS
dc.subjectFOREIGN LAW
dc.subjectFORFEITURE
dc.subjectFORGERY
dc.subjectFRAUD
dc.subjectFRAUDULENT ACTIVITIES
dc.subjectFRAUDULENT ACTIVITY
dc.subjectFRAUDULENT BEHAVIOR
dc.subjectGOOD FAITH
dc.subjectGRAND CORRUPTION
dc.subjectHOME
dc.subjectHUMAN RIGHTS
dc.subjectIMPRISONMENT
dc.subjectINITIATIVE
dc.subjectINJUNCTIONS
dc.subjectINSOLVENCY
dc.subjectINSOLVENCY PROCEEDINGS
dc.subjectINSURANCE
dc.subjectINTEGRITY
dc.subjectINTERNATIONAL INSTRUMENTS
dc.subjectINTERNATIONAL LAW
dc.subjectINTERNATIONAL TREATIES
dc.subjectINVESTIGATING MAGISTRATE
dc.subjectINVESTIGATION
dc.subjectINVESTIGATIONS
dc.subjectINVESTIGATORS
dc.subjectINVESTMENT CLIMATE
dc.subjectJUDGE
dc.subjectJUDGES
dc.subjectJUDGMENT
dc.subjectJUDGMENTS
dc.subjectJUDICIAL ACTION
dc.subjectJUDICIAL AUTHORITIES
dc.subjectJURISDICTION
dc.subjectJURISDICTIONS
dc.subjectJUSTICE
dc.subjectKICKBACKS
dc.subjectLAW FIRM
dc.subjectLAW FIRMS
dc.subjectLAWS
dc.subjectLAWYER
dc.subjectLAWYERS
dc.subjectLEGAL ACTION
dc.subjectLEGAL ACTIONS
dc.subjectLEGAL ADVICE
dc.subjectLEGAL ENTITIES
dc.subjectLEGAL FEES
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PERSON
dc.subjectLEGAL PERSONS
dc.subjectLEGAL PROCEEDINGS
dc.subjectLEGAL PROCESS
dc.subjectLEGAL REMEDIES
dc.subjectLEGAL RIGHTS
dc.subjectLEGAL SERVICES
dc.subjectLEGAL STATUS
dc.subjectLEGAL SYSTEMS
dc.subjectLEGAL THEORIES
dc.subjectLEGAL THEORY
dc.subjectLIABILITY
dc.subjectLITIGATION
dc.subjectLOCAL LAWS
dc.subjectLOSS OF VALUE
dc.subjectMARKET VALUE
dc.subjectMINISTERS
dc.subjectMISAPPROPRIATION
dc.subjectMONETARY SANCTIONS
dc.subjectMONEY LAUNDERING
dc.subjectMULTINATIONAL
dc.subjectMUTUAL LEGAL ASSISTANCE
dc.subjectNATIONAL LEGISLATION
dc.subjectNEGLIGENCE
dc.subjectOFFENDER
dc.subjectOFFENSE
dc.subjectOFFENSES
dc.subjectORGANIZED CRIME
dc.subjectPARTICULAR ASSET
dc.subjectPARTICULAR ASSETS
dc.subjectPENALTIES
dc.subjectPENALTY
dc.subjectPERSONAL GAIN
dc.subjectPOLICE
dc.subjectPOLITICIAN
dc.subjectPREFERENTIAL
dc.subjectPREFERENTIAL TREATMENT
dc.subjectPRISON
dc.subjectPRIVATE GAIN
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE LAWYERS
dc.subjectPRIVATE PARTIES
dc.subjectPROCUREMENT
dc.subjectPROCUREMENT PROCEDURES
dc.subjectPROPERTY LAW
dc.subjectPROPRIETARY CLAIM
dc.subjectPROSECUTION
dc.subjectPROSECUTIONS
dc.subjectPROSECUTOR
dc.subjectPROSECUTORS
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC OFFICIAL
dc.subjectPUBLIC OFFICIALS
dc.subjectPUNISHMENT
dc.subjectRACKETEERING
dc.subjectRECEIVER
dc.subjectRECEIVERSHIP
dc.subjectREMEDIES
dc.subjectREMEDY
dc.subjectREPATRIATION
dc.subjectRESTITUTION OF ASSETS
dc.subjectRULINGS
dc.subjectSCANDALS
dc.subjectSETTLEMENT
dc.subjectSPECIFIC ASSET
dc.subjectSPECIFIC ASSETS
dc.subjectSTEALING
dc.subjectTHEFTS
dc.subjectTITLE
dc.subjectTRANSFER OF ASSETS
dc.subjectTRANSPARENCY
dc.subjectTRIAL
dc.subjectTRUSTEE
dc.subjectTRUSTEES
dc.subjectUNJUST ENRICHMENT
dc.subjectVICTIMS
dc.subjectVIOLATIONS
dc.subjectWIFE
dc.subjectWILL
dc.titlePublic Wrongs, Private Actions : Civil Lawsuits to Recover Stolen Assetsen
dspace.entity.typePublication
okr.crosscuttingsolutionareaGender
okr.date.disclosure2014-10-20
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2014/01/20306383/public-wrongs-private-actions-civil-lawsuits-recover-stolen-assets
okr.externalurlhttp://issuu.com/world.bank.publications/docs/9781464803703
okr.externalurlhttps://star.worldbank.org/star/sites/star/files/pwpa_consolidated.pdf
okr.externalurlhttps://star.worldbank.org/star/sites/star/files/english_fact_sheet_public_wrongs_final_nov_1.pdf
okr.globalpracticeGovernance
okr.globalpracticeFinance and Markets
okr.guid964411468127796449
okr.identifier.doi10.1596/978-1-4648-0370-3
okr.identifier.externaldocumentum090224b084246c43_2_0
okr.identifier.internaldocumentum20306383
okr.identifier.report89138
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/20/000442464_20141020044533/Rendered/PDF/891380PUB0REPL07814648037030P132371.pdfen
okr.sectorFinance :: General finance sector
okr.statistics.combined5413
okr.statistics.dr964411468127796449
okr.statistics.drstats2124
okr.themeAnti-Money Laundering and Combating the Financing of Terrorism
okr.themeFinancial and private sector development
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicLaw and Development::Legal Products
okr.topicGender::Gender and Law
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicCorruption and Anticorruption Law
okr.topicPublic Sector Development
okr.unitFinance and Markets GP - IBRD (GFMDR)
relation.isAuthorOfPublication0be75d40-c377-56b9-b813-bd6a2b69bb59
relation.isAuthorOfPublication.latestForDiscovery0be75d40-c377-56b9-b813-bd6a2b69bb59
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
891380PUB0REPL07814648037030P132371.pdf
Size:
13.55 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
891380PUB0REPL07814648037030P132371.txt
Size:
412.12 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
StAR Initiative (Stolen Asset Recovery)