Study Focuses on Confiscation and Recovery of Proceeds of Bribery

In December 2011, a new study prepared by the OECD Working Group on Bribery in International Business Transactions (Working Group) and the World Bank-UNODC Stolen Assets Recovery Initiative (StAR) focuses on the identification and quantification of the process of active bribery.  Quantifying the proceeds is one of the most difficult challenges posed by corruption cases.  The study explains how to quantify the illegal proceeds and stolen assets in order to confiscate or recover them, and includes practical examples based on hands-on expertise. The study supports countries’ efforts to confiscate the proceeds of active bribery, which Parties must undertake pursuant to both the OECD Anti-Bribery Convention and the UN Convention against Corruption (UNCAC).^[1]