General / Saudi newspapers / a fourth and final addition to...

Today’s Al-Eqtisadiah newspaper came under the title (Neutralizing the Corruption Virus) .. The world suffers from a scarcity of economic resources, and they are distributed among the continents of the world in a way that makes it impossible for a people today to live in isolation without the need to link their economy with the economies of other countries, both in terms of The influx of economic resources or workers was the most dangerous issue that faced the G20 countries with the spread of the Corona pandemic, the threats associated with cutting supply chains, as countries made huge efforts to prevent such an occurrence, including the great efforts to give countries financial aid to confront the pandemic, as well. Those related to debt forgiveness and deferment.
She indicated that Saudi Arabia sought to make great efforts and initiatives through the presidency of the group, including the launch of the historic G20 initiative to suspend debt service payments, and provided liquidity of about $ 14 billion in assistance from lenders. But the whole world is facing a virus no less dangerous than the Covid-19 virus, which is corruption, and this disease is able to dispel all these huge global efforts, so it is imperative that efforts be concerted to neutralize this disease, especially in these circumstances that the world is going through. The aspect of economic guarantees, aid and support may be directed in different countries to other than what it is intended for. For this reason, Saudi Arabia announced the Riyadh initiative to combat corruption, under the umbrella of the United Nations Office on Drugs and Crime, and aims to enhance joint cooperation in law enforcement between the competent authorities to combat corruption.
She explained: This initiative is based on the establishment of a global operations network for law enforcement authorities concerned with combating corruption, and the establishment of a platform to facilitate the exchange of information between law enforcement authorities concerned with combating corruption, as the feeling of responsibility for fighting corruption must include all countries of the world, and everyone should cooperate to achieve this, and the first step comes. Always in facilitating the exchange of information, and – of course – it needs a global platform. The existence of the platform in itself is a motive for all participating countries. Today it is not enough for the G20 countries to be the ones that fight corruption while other countries fail to achieve this goal, which completely undermines the efforts that would make Ensuring access to aid, support and facilities, and achieving the desired goals. This also includes building the capacities of employees of anti-corruption authorities, especially in developing countries, and enhancing the use of international law enforcement networks, such as INTERPOL and the OECD.
It is very clear that efforts to eliminate deadly diseases, moves and trends to eradicate poverty, and support global projects such as artificial intelligence, are all linked in one way or another to the extent of the world’s ability as a single bloc to eliminate corruption, as corruption is what prevents aid from arriving or directs it to other than its economic destination. Correct, and in doing so, it contributes to slowing down efforts to combat poverty in developing countries. Also, spreading artificial intelligence in all its diversity and potential will fill the gaps through which corruption penetrates and spreads. In the final statement issued by the Kingdom, anti-corruption officials in the G20 countries, headed by the Kingdom, stressed the importance of the existing international framework to combat corruption, especially the commitments and pledges stipulated in the United Nations Convention against Corruption (UNCAC) and the United Nations Convention against Transnational Organized Crime. And the Organization for Economic Cooperation and Development (OECD) agreement on combating bribery of foreign public officials in international commercial transactions and related documents, and the standards emanating from the FATF, as all of these instruments contain a solid set of measures that countries must take to prevent and combat corruption, and operations Money laundering, and other related serious economic crimes.
She indicated that Saudi Arabia, with this emphasis, and this historical statement issued by the group’s meetings in Riyadh, confirms that it is moving forward, with the directives of the Custodian of the Two Holy Mosques, and on the courageous approach of Crown Prince Mohammed bin Salman, to eradicate this scourge not only from the Kingdom, but even from other countries. All twenty, which, through great success in fulfilling the requirements of the historical statement, will set an example for the whole world, making the global economy more fair and competitive in it more capable of achieving an optimal distribution of resources, and supporting the efforts of other international institutions that fight disease, ignorance and poverty.
She concluded that they are universal principles, stemming from the policy of the Custodian of the Two Holy Mosques and his Crown Prince, and the Saudi national anti-corruption strategies, which include, among other things, the use of information and communication technology to enhance integrity in the public sector, and to strengthen integrity in privatization processes and partnerships between the public and private sectors. A pledge to prevent criminals from escaping from justice, regardless of their position or social standing, to confront the processes of hiding the proceeds of corruption across borders, to pursue the criminalization of acts of corruption and to prosecute the perpetrators, and to recover and return the stolen assets that were confiscated, whenever appropriate, and in a manner that does not conflict with the laws Domestic and international obligations.
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06:28 PM CE

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