Kleptocracy

[3][4] One feature of political-based socioeconomic thievery is that there is often no public announcement explaining or apologizing for misappropriations, nor any legal charges or punishment levied against the offenders.

In a kleptocracy, corrupt politicians enrich themselves secretly outside the rule of law, through kickbacks, bribes, and special favors from lobbyists and corporations, or they simply direct state funds to themselves and their associates.

Samuels, one reason governmental bodies subscribe to theft-prone policies is to lay the groundwork for the socialization of labor and property, thus permitting kleptocrats to make a populace "subservient to an institutionalized authority.

They are then able to secure this wealth in assets and investments within more stable jurisdictions, where it can then be stored for personal use, returned to the country of origin to support the kleptocrat's domestic activities, or deployed elsewhere to protect and project the regime's interests overseas.

[15] Western professional services providers are taken advantage of by kleptocratic Russians and Chinese, exploiting legal and financial loopholes in the West to facilitate transnational money laundering.

[18] In a 2011 forensic study of grand corruption cases, the World Bank found the United States was the leading victim of illegal incorporation of entities involved in money laundering schemes.

[38] In addition, the money that kleptocrats steal is diverted from funds earmarked for public amenities such as the building of hospitals, schools, roads, parks – having further adverse effects on the quality of life of citizens.

[40] In early 2004, the German anti-corruption NGO Transparency International released a list of ten self-enriching leaders in the two decades previous to the report.

[46][47] In 2010, the Washington Times estimated that HDZ elites in Croatia led by former prime minister Ivo Sanader had "stolen or siphoned off" about 1 billion USD.

Detail from Corrupt Legislation , painting by Elihu Vedder (1896)
Montenegro's president Milo Đukanović was listed among the twenty richest world leaders according to the British tabloid newspaper The Independent in May 2010, which described the source of his wealth as "mysterious". [ 27 ] [ 28 ]
Demonstration banner with text in Czech: "Demokracie místo kleptokracie" ( Democracy instead of kleptocracy); peace rally in Brno for Real Democracy NOW, Moravian Square[[]] [ cs ] , Brno , Czech Republic
Suharto , the former President of Indonesia , was reported to have stolen over $15 billion during his presidency.