The CROOK Act: Tackling Demand-Side Bribery
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 20 May 2020
⏱️ 21 minutes
🧾️ Download transcript
Summary
Abigail Bellows with the Carnegie Endowment for International Peace describes how a $5 million surcharge could be levied on FCPA enforcement actions and then deployed quickly to support incipient anti-corruption efforts worldwide. This would address, in part, concerns that the victims of corruption rarely benefit from the substantial sums involved in settlements.
Transcript
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| 0:00.0 | Welcome back to the podcast, bribes, windle, or steel. |
| 0:09.2 | I'm Alexandra Rogge. |
| 0:10.5 | Today we're talking about the Crook Act. |
| 0:12.5 | That's the Countering Russian and Other Overseas Hleptocracy Act, |
| 0:16.3 | a bipartisan initiative that would create a fund to address corruption overseas. |
| 0:21.0 | This idea originated back in 2018 with today's guest, Abigail Bellows. |
| 0:25.8 | For purposes of today's podcast, Abigail is a non-resident scholar at the Carnegie Endowment |
| 0:30.4 | for International Peace, but she is also an independent consultant on governance, civil |
| 0:34.9 | society, and foreign policy topics. |
| 0:38.6 | Prior to her current role, |
| 0:43.7 | she served her five years at the U.S. Department of State, where she designed and led the anti-corruption portfolio in the office of the Undersecretary for Civilian Security, Democracy, and Human Rights. |
| 0:49.9 | Abigail, thank you for joining me today. Pleasure to be here. You are doing really good, smart work in this field, and this is your brain child. |
| 0:57.9 | So why don't you walk us through the original idea and then where things stand now, two years later? |
| 1:05.3 | Over the past several years, there's been a rise in public mobilization on corruption issues. |
| 1:12.3 | And that's likely to pick up again as the lockdowns ease and the scale of diversion in some countries from the pandemic comes to light. |
| 1:18.6 | Across the world, we're seeing citizens challenging and renegotiating social contracts that are built |
| 1:24.4 | on stealing public funds. So just as an example of the kind of scale of that |
| 1:29.3 | civic mobilization, in the past three years alone, corruption scandals have sparked mass protest in 32 |
| 1:36.0 | countries. So this is a pretty widespread phenomenon. And sometimes these civic mobilizations |
| 1:42.3 | lead to political transitions, such as in Guatemala in 2015 |
| 1:46.5 | or Armenia in 2018. |
| 1:48.9 | Around the world, we've seen 10% of countries experience corruption-fueled political change |
... |
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