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44 Am. J. Crim. L. 71 (2016-2017)
Old Dog, New Tricks: Fighting Corruption in the African Natural Resource Space with the Money Laundering Control Act

handle is hein.journals/ajcl44 and id is 75 raw text is: Article OLD DOG, NEW TRICKS: FIGHTING CORRUPTION IN THE AFRICAN NATURAL RESOURCE SPACE WITH THE MONEY LAUNDERING CONTROL ACT Siddharth Dadhich* I. Introduction.........................................72 II. Background on the Foreign Corrupt Practices Act........ ..............74 A. Enforcement ................................. ......78 B. Resource Curse.................................... 82 III. Is FCPA Enforcement Worth It? ...........................83 A. Costs of the FCPA. .............................. .....83 B. Benefits of the FCPA .......................... 85 IV. Costs of Corruption: Too High to Ignore.....................86 A. Tipping the Balance: Viewing Corruption through a Rights-......88 Sensitive Framework ...................................88 V. The FCPA is Losing Teeth in Africa .................. ......90 A. China's Commercial Presence in Africa ....................90 B. The Costs of No-Strings Attached on Africa .....................93 C. No Strings and Corruption .......... ..................97 VI. Fighting No-Strings With the MLCA .....................97 A. Parameters for Alternative Frameworks to fight Corruption in the Africa Resource Space... .................................101 B. MLCA ........................................... 103 C. The Money Laundering and Corruption Link...... ..........105 SJ.D., University of Texas School of Law. The author would like to thank his friends Casey Matthews, Kelly Hanen, and Kayla Davis for their comments. 71