Financial Times FT.com

Plea for deal on recovery of looted funds

By Michael Peel in London

Published: November 9 2009 19:20 | Last updated: November 9 2009 19:20

Officials in leading world economies are squabbling about an international anti-graft deal that campaigners and the World Bank say is crucial to efforts to recover funds looted by corrupt leaders and salted overseas.

Western nations including Britain have been battling China and a number of other countries over a United Nations anti-corruption convention whose terms are supposed to be finalised at a summit in Qatar this week, say people familiar with the talks.

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