UN moves on corruption

A legally binding international anti-corruption convention is to be forged by the United Nations, following agreement by representatives of 95 states on the terms of reference. Rubber-stamping is expected by the UN General Assembly later this year. The draft convention, which should be completed by the end of 2003 , is intended to address preventive measures, criminalisation, sanctions and remedies. Drafters will be asked to consider provisions on jurisdiction, seizures, witness protection, transfers of illicitly-obtained funds abroad as well as international cooperation. The approved motion calls on the assembly to voice its concern about the serious problems associated with corruption, saying that it “may endanger the stability and security of societies, undermine the values of democracy and morality and jeopardize social, economic and political development.”