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|A time for action|
Corruption fighters from around the globe are gathering at the World Bank in Washington, DC, to up the ante on fraud in development projects – part of an effort to halt practices that cause $20 billion—$40 billion to be stolen each year from developing countries.
In the first meeting of its kind, more than 200 members of the International Corruption Hunters Alliance from 134 countries aim to create an international enforcement regime to track and resolve bribery and fraud cases that reach beyond borders to affect more than one country.
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Seizing the momentum of a changing world
The World Bank concluded the first meeting of the International Corruption Hunters Alliance on December 8, 2010. “Implementing the resolutions we made this week will take effort, money, results and perseverance. We are not intimidated by that,” said Leonard McCarthy, World Bank Integrity Vice President.
Speaking at the event, INTERPOL Secretary General Ronald K. Noble reminded members of the alliance that "despite increasing high-level attention worldwide, evidence reminds us that a huge amount of work still remains to be done to eradicate the scourge of corruption, particularly in developing economies, and within both the public and private sectors."
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Meeting participants made nine recommendations for immediate action by the group:
1. Develop guidelines for parallel investigations. The World Bank committed to drafting a “Framework of Guidelines for Parallel Investigations.”
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Download the full copy of the meeting report (pdf)
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