Bush unveils plan to tackle global corruption
Reuters
Thursday, August 10, 2006; 5:26 PM
WASHINGTON (Reuters) - President George W. Bush launched a new global campaign on Thursday to combat kleptocracy, or rampant government corruption, which he said undermines democracy and development in poor countries.
"Kleptocracy is an obstacle to democratic progress, undermines faith in government institutions, and steals prosperity from the people," Bush said in a statement.
Bush's National Strategy To Internationalize Efforts Against Kleptocracy follows the agreement by the Group of Eight powers at their summit in St. Petersburg, Russia to coordinate legal and financial policies to fight corruption.
"Our objective is to defeat high-level public corruption in all its forms and to deny corrupt officials access to the international financial system as a means of defrauding their people and hiding their ill-gotten gains," Bush said.
State Department official Josette Shiner told reporters U.S. government agencies would work with foreign counterparts to detect kleptocrats, deny them access to financial systems, recover and return stolen funds and prosecute officials.
The goal of the policy is to "block, at every level possible, their ability to take those monies and to store them for their own personal use or expend them for their own personal use," said Shiner, undersecretary of state for economic, business and agricultural affairs.
She declined to name officials who were being targeted under the strategy, but in response to a reporter's question about North Korean state counterfeiting and smuggling, said: "North Korea is a particular issue of concern on many fronts."
A State Department document issued on Thursday identified former presidents Saddam Hussein of Iraq, Arnaldo Aleman of Nicaragua, Sani Abacha of Nigeria and Alberto Fujimori of Peru as examples of kleptocrats who stole massive state funds.
Deputy Assistant Attorney General Matthew Friedrich, cited recent U.S. efforts against corruption, including an order by Bush in June freezing assets of officials in Belarus and the conviction of former Ukraine Prime Minister Pavel Lazarenko in a San Francisco for money laundering and wire fraud.
In 2004, the United States returned more than $20 million connected to illicit activities by Fujimori and his associates, Friedrich said.