7th Interpol Global Programme on Anti Corruption, Financial Crime and Asset Recovery


The 7th Interpol Global Programme on Anti Corruption, Financial Crime and Asset Recovery for South Asia being held at the CBI(HQ), New Delhi.

New Delhi/Jalandhar, February 12, 2014: The five-day  Interpol Global programme (10-14 February) is being organised by the ICPO-Interpol, Lyon in association with Central Bureau of Investigation, US Department of Justice and US Securities & Exchange Commission.
The programme will have over 16 sessions to be addressed by Experts from Interpol; CBI; PMO(India); Computer Forensic; US Department of Justice; US Securities & Exchange Commission and Law Enforcement Agencies. Some of the issues which will be dealt with and discussed, include Overview of the United Convention against Corruption, (UNCAC); Anti-Bribery Convention(OECD) & US Foreign Corrupt Practices Act(FCPA); Detecting Potential Bribery Violations by Companies(Including Whistleblower protection); Patterns & Schemes of Bribery; Best Practices for Investigating companies; Building a Corruption Case(Domestic & Foreign) & Obtaining Information; Documents & Evidence; Following Corruption Money; Freezing Corruption Money; Resolutions; Evidence Overseas & International Cooperation; Country Presentations on Obtaining MLA(I) & MLA(II); Coordinating with Foreign Law Enforcement Partners and Interactive Discussions of Hypothetical Domestic Bribery case.
This is the fourth such partnership between CBI and Interpol for conducting Global Training Programme on Capacity Building and the third on the theme of Anti Corruption.
The theme of the programme is “Tackling Corruption in Supply side Corruption”. A total 62 participants from Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka are attending the training programme.
While inaugurating the 7th Interpol Global Programme on Anti Corruption, Financial Crime and Asset Recovery for South Asia at the CBI(HQ), New Delhi on Monday, Ranjit Sinha, Director, CBI, said, “Targeting the supply side of corruption is an imperative and India is in the process of addressing this emerging area as part of various measures that are being adopted to make Indian legal framework compliant to United Nations Convention against Corruption”.
Sinha said that this training programme intends to focus on supply side corruption or active bribery. The aim is to address weak transparency and accountability in international trade, taxation and export credit regimes that may facilitate corruption.       Director, CBI emphasised that the Law Enforcement agencies have to look beyond borders to track these illicit funds siphoned off their countries and ensure their freezing and subsequent attachment. International cooperation is, therefore, essential for successful recovery of assets that have been transferred to or hidden in foreign jurisdictions. He said India has inked as many 36 MLATs to facilitate such cooperation. He also mentioned that the proposed PC Act Amendment Bill, 2013 criminalises the active bribery in consonance with the international standards.
Sinha also spoke of Anti-Corruption Laws which may focus on restraint and confiscation of ill-gotten wealth. Some of the States like Odisha, Bihar, MP have enacted special Local laws which are essentially Non Conviction based Asset Recovery Laws. In this regard, Government of India is also proposing inclusion of a separate Chapter in the Prevention of Corruption Act.
Director, CBI said that professional investigation require a lot of expertise in the particular field. CBI believed in multi-disciplinary investigating team, consisting of not just basic police investigating officers, but also experts from banks and financial institutions as well as private entities who have expertise in Forensic Accounting and Asset Recovery.
Daniel Clegg, Legal Attache, FBI and S.Jagannathan, AD, Interpol also addressed the participants.// New delhi news,  New delhi current news,  New delhi news live, New delhi breaking news, New delhi headlines, New delhi latest news, india news, world news,


Wednesday, February 12, 2014