Still Number One

Tuesday, September 25, 2007

THE United Nations and the World Bank named Suharto as the world’s top corruptor. This announcement was based on data from Transparency International, a world body which tracks down illicit funds.

The two world bodies have also established the Stolen Asset Recovery (StAR) Initiative, under which they are going to assist the Indonesian government in tracking down Suharto’s wealth, regardless of its location.

The success of this program depends on the political will of the Indonesian government. However, there is one fact which may dishearten us: at home, investigation into the Suharto criminal case has been stopped. Of the 10 corrupt individuals named by the UN, Suharto is the only one who has not been declared guilty by his own government.

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THE 48-page document was entitled Stolen Asset Recovery (StAR) Initiative. The first part explains the need for the plan and why it is being launched at this time.

In another section, the experience of a number of countries in recovering the wealth of top corruptors is presented. This includes the cases of General Sani Abacha in Nigeria, Alberto Fujimori in Peru, and the wealth of Ferdinand Marcos in the Philippines.

Thus is the latest worldwi

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