Plundered national wealth of the country must be recovered ― Hafiz Hassan

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Plundered national wealth of the country must be recovered ― Hafiz Hassan
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APRIL 27 ― Malaysia is a signatory to the United Nations Convention Against Corruption (UNCAC). The UNCAC is an international instrument to address the scourge of...

APRIL 27 ― Malaysia is a signatory to the United Nations Convention Against Corruption . The UNCAC is an international instrument to address the scourge of corruption at the global level.

The UNCAC is the international community’s affirmation of the importance of core values such as honesty, respect for the rule of law, accountability and transparency in promoting development and making the world a better place for all. It also requires member states to return assets obtained through corruption to the country from which they were stolen. This is a major international breakthrough.

The corrupt will be hard pressed to find ways to hide their illicit gains. This is a particularly important issue for many developing countries “where corrupt high officials have plundered the national wealth and where new governments badly need resources to reconstruct and rehabilitate their societies.”

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