Adoption of UN Convention against Corruption helps
Updated: 2005-11-09 14:08
China's adoption of UN Convention against Corruption October this year, the
most comprehensive document against corruption, will help police to capture
corrupted officials and businesspeople who fled overseas, said an official with
the Ministry of Supervision.
The official told Xinhua Tuesday that the convention has outlined five
mechanisms to combat corruption, including one on asset recovery that stipulates
signatories must cooperate with and assist each other to recover embezzled money
It also demands signatories to guard against and monitor transfer of
suspected assets and the return and disposal of the assets.
The convention, adopted by the UN General Assembly in October 31, 2003,
stipulates on the prevention, criminalization, international cooperation, assets
recovery and implementation mechanism in the fight against transnational crimes
China's top legislature ratified the document unanimously on October 27,
after signing it in December in 2003. By September 15, 30 countries have
ratified the convention, which will goes into effect on December 14 this year.
According to the official, the other four mechanisms in the convention
stresses prevention, crime conviction and law enforcement, protection of anyone
suffering from corrupted behavior and international cooperation.
The convention puts equal emphasis on cracking down on corruption of briber
takers and givers in both public and private sectors as well as international
"It facilitates not only China's anti-corruption campaign, but also its
fiscal, financial and judicial reforms," said the official.
China is preparing to draft and revise some major domestic laws to conform
with the convention's requirements, he said.