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BEIJING, Nov. 9 (Xinhuanet) -- China's adoption of UN Convention against Corruption
Oct. 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 andassist each other to recover embezzled money
flown overseas.
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
of corruption.
China's top legislature ratified the document unanimously on Oct. 27, after
signing it in December in 2003. By September 15, 30countries 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
organizations.
"It facilitates not only China's anti-corruption campaign, butalso its
fiscal, financial and judicial reforms," said the official.
China is preparing to draft and revise some major domestic lawsto conform
with the convention's requirements, he said. Enditem |