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  1. 7th Asia Summit on Anti-Corruption - 7th Asia Summit on Anti-Corruption
  2. Last Updated
  3. AT Finance
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7th Asia Summit on Anti-Corruption - 7th Asia Summit on Anti-Corruption

For example, we approved a U. Fourth, we have started new initiatives for mobilizing more resources for capacity-building efforts by our DMCs. It will support DMCs in closing tax loopholes in their financial sectors, enhancing tax compliance, and developing transparent and efficient tax administration.


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The trust fund is supported by the government of Japan. We are encouraging other bilateral and multilateral partners to contribute to this trust fund.

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Fifth, ADB is now considering a new long-term Strategy , which will strengthen our support in the areas of corruption, money laundering and tax evasion. As you know, the SDGs are about poverty reduction, health, education, gender and the environment. The SDGs also include strengthening governance. Goal 16 of the SDGs calls for the promotion of peaceful and inclusive societies, which is necessary for sustainable development.

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Goal 17 is about helping developing countries strengthen domestic resource mobilization. ADB will increase support in these areas. In conclusion, we have a professional obligation to fight corruption, money laundering and other illicit activities. This fight is necessary to advance economic development in the Asia and Pacific region and to promote social equity. It is also essential for our even more basic needs, that is security and safety.

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I ask all ADB staff to be champions in this fight. I urge vice presidents, directors generals and country directors to be wholeheartedly and proactively engaged in it. Action by each of us and by all of us to combat corruption, money laundering and other illicit activities is what our anti-corruption campaign, iACT, stands for. Time limit is exhausted. Previous Unity of effort. Related Posts.

Leave a Reply Cancel reply. Nawaz Sharif, disqualified Pakistan PM, wants brother to take his place.


  1. 7th Asia Summit on Anti-Corruption.
  2. Former Pakistan PM Nawaz Sharif jailed again for corruption;
  3. Najib Razak 1MDB: Malaysia's former PM faces biggest trial yet!
  4. Is corruption in Thailand decreasing? UPDATE 1;
  5. #IBACorruption.
  6. Accessibility links.
  7. BBC News Navigation.
  8. Sharif was found guilty of corruption charges relating to the purchase of Al-Azizia Steel Mills where prosecutors alleged that the Sharif family misappropriated government funds to buy the mills. The company was used by the Sharif's family to launder money, evade tax and hide offshore assets. Sharif was immediately arrested and taken into custody by courtroom officials. Meanwhile, supporters of the former prime minister held small protests outside the courtroom in Islamabad -- which tear gas was used to disperse them.

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    It is the second time the former prime minister has been sent to prison this year: Sharif and his daughter, Maryam were jailed for a different corruption case in July. In Sharif was ordered to step down as prime minister by the country's Supreme Court, after revelations about his family's finances emerged in the Panama Papers.