EITI reform call / Indonesia asset recovery / Sri Lanka corruption court

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Developing countries call for EITI reform after US exit Developing country and civil society representatives have called for the Extractive Industries Transparency Initiative to be reformed to reduce the influence of the United States government and powerful U.S. oil companies after the country's decision to withdraw from the program last week.

Sophie Edwards/DevEx: https://www.devex.com/news/developing-countries-call-for-eiti-reform-after-us-exit-91467


Paradise Papers Add to Indonesian To-Do List for Asset Recovery.  The "Paradise Papers," millions of leaked confidential documents on offshore investments, cite several prominent politicians in the world's fourth largest country, Indonesia.

Krithika Varagur/Voice of America: https://www.voanews.com/a/paradise-papers-add-to-indonesian-to-do-list-for-asset-recovery/4107793.html


Sri Lanka Cabinet approves setting up new High Court for corruption cases.  Sri Lanka's cabinet has granted approval to establish a separate High Court under the article 105 (1) (c) of the constitution to conduct trials for offences on public properties, including major financial crimes, organized crimes, money laundering, financing terrorism, bribery and corruption cases.

Lanka Business Online: http://www.lankabusinessonline.com/cabinet-approves-setting-up-new-high-court-for-corruption-cases/

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