The International Anti-Corruption Coordination Centre (IACCC) will be launching a multinational effort to combat grand corruption which can include bribery of public officials, embezzlement, abuse of power and money laundering of profit from illegal activity.
At the time of the UK’s 2016 Anti-Corruption Summit, David Cameron, former British Prime Minister, spoke about the importance of coming together as nations in order to regulate and maintain a global standard of compliance.
John Kerry, a former United States Secretary of State, spoke in the plenary opening of the event discussing the importance of ending the cultural aspect of corruption. Many believe that this isn’t possible, but Kerry says “culture can change, culture can learn, culture can adapt”. In turn, this will require a higher global standard.
The IACCC is the first of its kind and is the result of a pledge made during this Summit in which Cameron states that their directive is to expose corruption, punish the perpetrators and help those victimized by corruption, and to finally drive out corruption in our cultures and societies. Agencies from Australia, Canada, New Zealand, Singapore, the UK, US, and Interpol will join together in this initiative in order to improve intelligence sharing.
Tim Morris, Interpol’s Executive Director of Police Services, addressed the relationship of corruption and organized crime by saying that “Corruption creates a fertile ground for organized criminal activities and terrorism. It undermines political, social, and economic stability… A united effort is essential if we are to combat this global scourge with criminals stealing billions from the public purse.”
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