WASHINGTON (Thomson Reuters Foundation) - Profiting from public corruption is getting a little more difficult as international officials improve their ability to seize stolen assets, a new study has found.
About $20 billion (12.3 billion pounds) to $40 billion leaves developing and transition countries each year, stolen by public officials. Libya has lost more than $27 billion under Muammar Gaddafi, Ukraine is seeking to track down billions siphoned off by former President Viktor Yanukovich and his allies, and Switzerland has frozen $139 million in Syrian assets.