Doha, Qatar: The Conference of the States Parties to the United Nations Convention against Corruption (UNCAC) discussed avenues for boosting international cooperation in the field of asset recovery during a session themed: “Global Forum on the Asset Recovery Procedures Chain”, within the second day of the Doha conference deliberations.
The forum was organised by the StAR Initiative, in collaboration with the Basel Institute on Governance under the International Centre for Asset Recovery (ICAR), and the International Anti-Corruption Coordination Centre (IACCC), with the participation of officials, experts, and representatives of international organizations and bodies concerned with combating corruption.
In addition, the forum explored mechanisms to bolster coordination between requesting and requested countries in global asset recovery cases, alongside the exchange of practical experiences and highlighting progress achieved in this field, contributing to strengthening transparency and accountability and supporting anti-corruption global efforts.
The most menacing forms of corruption are represented in plundering the public funds allocated to serving the citizens, the speakers underlined. They pointed out that recovering these funds is of utmost priority not solely to pursue perpetrators, but rather to relay a clear message that impunity is unacceptable.
Head of Delegation and Representative of the Algerian Ministry of Justice, Abdelrazak Ben Salem, affirmed that the Ministry has established an expert committee comprising all relevant sectors, including the Ministry of Foreign Affairs, the General Treasury, the Directorates of Property, and all competent authorities, to advance a comprehensive strategy for asset recovery and to monitor compensatory measures at both the criminal and civil levels.
Abdelrazak clarified that the committee has created a national database and identified priority countries for collaboration in this domain.