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

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collection.link.64
https://openknowledge.worldbank.org/handle/10986/2172
collection.name.64
StAR Initiative (Stolen Asset Recovery)
dc.contributor.author
Brun, Jean Pierre
dc.contributor.author
Dubois, Pascale Helene
dc.contributor.author
van der Does de Willebois, Emile
dc.contributor.author
Hauch, Jeanne
dc.contributor.author
Jaïs, Sarah
dc.contributor.author
Mekki, Yannis
dc.contributor.author
Sotiropoulou, Anastasia
dc.contributor.author
Sylvester, Katherine Rose
dc.contributor.author
Uttamchandani, Mahesh
dc.date.accessioned
2014-10-20T16:32:41Z
dc.date.available
2014-10-20T16:32:41Z
dc.date.issued
2015
dc.date.lastModified
2021-06-14T10:18:39Z
dc.description.abstract
Corruption 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.identifier
http://documents.worldbank.org/curated/en/2014/01/20306383/public-wrongs-private-actions-civil-lawsuits-recover-stolen-assets
dc.identifier.isbn
978-1-4648-0370-3
dc.identifier.uri
http://hdl.handle.net/10986/20456
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ABUSE
dc.subject
ABUSES
dc.subject
ACT OF CORRUPTION
dc.subject
ADMINISTRATIVE LAW
dc.subject
AGENCY PROBLEM
dc.subject
ANTI-BRIBERY
dc.subject
ANTI-CORRUPTION
dc.subject
ANTIBRIBERY
dc.subject
ANTIBRIBERY LAWS
dc.subject
ANTICORRUPTION
dc.subject
ANTICORRUPTION AGENCIES
dc.subject
ANTICORRUPTION COMMISSIONS
dc.subject
ANTICORRUPTION LEGISLATION
dc.subject
ASSETS
dc.subject
AUTHORITY
dc.subject
BANKS
dc.subject
BEST PRACTICES
dc.subject
BREACH OF CONTRACT
dc.subject
BRIBE
dc.subject
BRIBE PAYER
dc.subject
BRIBE PAYERS
dc.subject
BRIBERY
dc.subject
BRIBERY CASES
dc.subject
BRIBES
dc.subject
BUSINESSMAN
dc.subject
CASE LAW
dc.subject
CHAPTER 7
dc.subject
CIVIL LAW
dc.subject
CIVIL LAW JURISDICTIONS
dc.subject
CIVIL LIABILITY
dc.subject
CIVIL LITIGATION
dc.subject
CIVIL PROCEDURES
dc.subject
CIVIL SOCIETY
dc.subject
CIVIL SOCIETY ORGANIZATIONS
dc.subject
CLAIM
dc.subject
CLAIM FOR DAMAGES
dc.subject
CLAIMANT
dc.subject
CLAIMANTS
dc.subject
CODES
dc.subject
COLLATERAL
dc.subject
COMMON LAW
dc.subject
COMMON LAW COUNTRIES
dc.subject
COMMON LAW JURISDICTIONS
dc.subject
COMMON LAW SYSTEMS
dc.subject
COMPARATIVE LAW
dc.subject
COMPENSATION
dc.subject
COMPENSATION OF DAMAGES
dc.subject
COMPLAINTS
dc.subject
CONCEALMENT OF ASSETS
dc.subject
CONCESSION
dc.subject
CONCESSIONS
dc.subject
CONFIDENCE
dc.subject
CONFISCATION ORDER
dc.subject
CONFISCATION ORDERS
dc.subject
CONFLICT OF INTEREST
dc.subject
CONTRACTUAL TERMS
dc.subject
COPYRIGHT
dc.subject
CORRUPT
dc.subject
CORRUPT ACTIONS
dc.subject
CORRUPT ACTS
dc.subject
CORRUPT OFFICIAL
dc.subject
CORRUPT OFFICIALS
dc.subject
CORRUPT PRACTICES
dc.subject
CORRUPTION
dc.subject
COURT DECISION
dc.subject
COURT OF APPEALS
dc.subject
COURT OF JUSTICE
dc.subject
COURT PROCEEDINGS
dc.subject
CRIME
dc.subject
CRIME CONTROL
dc.subject
CRIMES
dc.subject
CRIMINAL
dc.subject
CRIMINAL ACTION
dc.subject
CRIMINAL ACTS
dc.subject
CRIMINAL CODES
dc.subject
CRIMINAL INVESTIGATION
dc.subject
CRIMINAL INVESTIGATIONS
dc.subject
CRIMINAL LAW
dc.subject
CRIMINAL LIABILITY
dc.subject
CRIMINAL PENALTIES
dc.subject
CRIMINAL PROCEDURE
dc.subject
CRIMINAL PROCEDURES
dc.subject
CRIMINAL PROSECUTIONS
dc.subject
CRIMINAL PUNISHMENTS
dc.subject
CRIMINOLOGY
dc.subject
CRONIES
dc.subject
DEPOSIT
dc.subject
DIFFERENT LEGAL SYSTEMS
dc.subject
DISCLOSURE OBLIGATIONS
dc.subject
DOMESTIC LAW
dc.subject
ECONOMIC AND FINANCIAL CRIMES COMMISSION
dc.subject
ECONOMIC CRIME
dc.subject
ECONOMIC CRIMES
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
EMBEZZLEMENT
dc.subject
EQUITABLE REMEDY
dc.subject
ESTATE
dc.subject
ESTATE AGENTS
dc.subject
EU
dc.subject
EUROPEAN UNION
dc.subject
FIGHT AGAINST CORRUPTION
dc.subject
FINANCIAL ASSETS
dc.subject
FINANCIAL CRIMES
dc.subject
FINANCIAL INSTITUTION
dc.subject
FINANCIAL MARKET
dc.subject
FINANCIAL SERVICES
dc.subject
FINES
dc.subject
FOREIGN BANK
dc.subject
FOREIGN BANK ACCOUNT
dc.subject
FOREIGN CORRUPT PRACTICES
dc.subject
FOREIGN CORRUPT PRACTICES ACT
dc.subject
FOREIGN COURT
dc.subject
FOREIGN COURTS
dc.subject
FOREIGN LAW
dc.subject
FORFEITURE
dc.subject
FORGERY
dc.subject
FRAUD
dc.subject
FRAUDULENT ACTIVITIES
dc.subject
FRAUDULENT ACTIVITY
dc.subject
FRAUDULENT BEHAVIOR
dc.subject
GOOD FAITH
dc.subject
GRAND CORRUPTION
dc.subject
HOME
dc.subject
HUMAN RIGHTS
dc.subject
IMPRISONMENT
dc.subject
INITIATIVE
dc.subject
INJUNCTIONS
dc.subject
INSOLVENCY
dc.subject
INSOLVENCY PROCEEDINGS
dc.subject
INSURANCE
dc.subject
INTEGRITY
dc.subject
INTERNATIONAL INSTRUMENTS
dc.subject
INTERNATIONAL LAW
dc.subject
INTERNATIONAL TREATIES
dc.subject
INVESTIGATING MAGISTRATE
dc.subject
INVESTIGATION
dc.subject
INVESTIGATIONS
dc.subject
INVESTIGATORS
dc.subject
INVESTMENT CLIMATE
dc.subject
JUDGE
dc.subject
JUDGES
dc.subject
JUDGMENT
dc.subject
JUDGMENTS
dc.subject
JUDICIAL ACTION
dc.subject
JUDICIAL AUTHORITIES
dc.subject
JURISDICTION
dc.subject
JURISDICTIONS
dc.subject
JUSTICE
dc.subject
KICKBACKS
dc.subject
LAW FIRM
dc.subject
LAW FIRMS
dc.subject
LAWS
dc.subject
LAWYER
dc.subject
LAWYERS
dc.subject
LEGAL ACTION
dc.subject
LEGAL ACTIONS
dc.subject
LEGAL ADVICE
dc.subject
LEGAL ENTITIES
dc.subject
LEGAL FEES
dc.subject
LEGAL FRAMEWORK
dc.subject
LEGAL PERSON
dc.subject
LEGAL PERSONS
dc.subject
LEGAL PROCEEDINGS
dc.subject
LEGAL PROCESS
dc.subject
LEGAL REMEDIES
dc.subject
LEGAL RIGHTS
dc.subject
LEGAL SERVICES
dc.subject
LEGAL STATUS
dc.subject
LEGAL SYSTEMS
dc.subject
LEGAL THEORIES
dc.subject
LEGAL THEORY
dc.subject
LIABILITY
dc.subject
LITIGATION
dc.subject
LOCAL LAWS
dc.subject
LOSS OF VALUE
dc.subject
MARKET VALUE
dc.subject
MINISTERS
dc.subject
MISAPPROPRIATION
dc.subject
MONETARY SANCTIONS
dc.subject
MONEY LAUNDERING
dc.subject
MULTINATIONAL
dc.subject
MUTUAL LEGAL ASSISTANCE
dc.subject
NATIONAL LEGISLATION
dc.subject
NEGLIGENCE
dc.subject
OFFENDER
dc.subject
OFFENSE
dc.subject
OFFENSES
dc.subject
ORGANIZED CRIME
dc.subject
PARTICULAR ASSET
dc.subject
PARTICULAR ASSETS
dc.subject
PENALTIES
dc.subject
PENALTY
dc.subject
PERSONAL GAIN
dc.subject
POLICE
dc.subject
POLITICIAN
dc.subject
PREFERENTIAL
dc.subject
PREFERENTIAL TREATMENT
dc.subject
PRISON
dc.subject
PRIVATE GAIN
dc.subject
PRIVATE INVESTMENT
dc.subject
PRIVATE LAWYERS
dc.subject
PRIVATE PARTIES
dc.subject
PROCUREMENT
dc.subject
PROCUREMENT PROCEDURES
dc.subject
PROPERTY LAW
dc.subject
PROPRIETARY CLAIM
dc.subject
PROSECUTION
dc.subject
PROSECUTIONS
dc.subject
PROSECUTOR
dc.subject
PROSECUTORS
dc.subject
PUBLIC FUNDS
dc.subject
PUBLIC OFFICIAL
dc.subject
PUBLIC OFFICIALS
dc.subject
PUNISHMENT
dc.subject
RACKETEERING
dc.subject
RECEIVER
dc.subject
RECEIVERSHIP
dc.subject
REMEDIES
dc.subject
REMEDY
dc.subject
REPATRIATION
dc.subject
RESTITUTION OF ASSETS
dc.subject
RULINGS
dc.subject
SCANDALS
dc.subject
SETTLEMENT
dc.subject
SPECIFIC ASSET
dc.subject
SPECIFIC ASSETS
dc.subject
STEALING
dc.subject
THEFTS
dc.subject
TITLE
dc.subject
TRANSFER OF ASSETS
dc.subject
TRANSPARENCY
dc.subject
TRIAL
dc.subject
TRUSTEE
dc.subject
TRUSTEES
dc.subject
UNJUST ENRICHMENT
dc.subject
VICTIMS
dc.subject
VIOLATIONS
dc.subject
WIFE
dc.subject
WILL
dc.title
Public Wrongs, Private Actions : Civil Lawsuits to Recover Stolen Assets
en
okr.crosscuttingsolutionarea
Gender
okr.date.disclosure
2014-10-20
okr.doctype
Publications & Research :: Publication
okr.docurl
http://documents.worldbank.org/curated/en/2014/01/20306383/public-wrongs-private-actions-civil-lawsuits-recover-stolen-assets
okr.externalurl
http://issuu.com/world.bank.publications/docs/9781464803703
okr.externalurl
https://star.worldbank.org/star/sites/star/files/pwpa_consolidated.pdf
okr.externalurl
https://star.worldbank.org/star/sites/star/files/english_fact_sheet_public_wrongs_final_nov_1.pdf
okr.globalpractice
Governance
okr.globalpractice
Finance and Markets
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0370-3
okr.identifier.externaldocumentum
090224b084246c43_2_0
okr.identifier.internaldocumentum
20306383
okr.identifier.report
89138
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/20/000442464_20141020044533/Rendered/PDF/891380PUB0REPL07814648037030P132371.pdf
en
okr.sector
Finance :: General finance sector
okr.statistics.combined
3450
okr.statistics.dr
964411468127796449
okr.theme
Anti-Money Laundering and Combating the Financing of Terrorism
okr.theme
Financial and private sector development
okr.topic
Public Sector Corruption and Anticorruption Measures
okr.topic
Law and Development :: Legal Products
okr.topic
Gender :: Gender and Law
okr.topic
Finance and Financial Sector Development :: Bankruptcy and Resolution of Financial Distress
okr.topic
Corruption and Anticorruption Law
okr.topic
Public Sector Development
okr.unit
Finance and Markets GP - IBRD (GFMDR)

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