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China seeks to deepen anti-graft ties
Why it is in news?
- A six-member delegation of senior Chinese officials will meet their counterparts in Indian agencies to deepen cooperation between the two countries on people wanted for corruption and asset recovery.
- The delegation will hold meetings with the Central Bureau of Investigation (CBI) Director Alok Kumar Verma and chiefs of the Central Vigilance Commission and the Department of Personnel and Training.
- The meetings are also aimed at sharing experience pertaining to various anti-corruption measures and better coordination on the issue within G20 and BRICS.
- During the Chinese presidency of G20 in 2016, the “High Level Principles on Cooperation on Persons Sought for Corruption and Asset Recovery” was initiated to address the issue of persons accused of corruption fleeing the country and transferring the proceeds of crime overseas to evade the law.
- India has supported the initiative in principle.
- The document envisaged greater international cooperation in detection and investigations, besides other aspects of anti-corruption initiatives.
- It is believed that those accused have been taking advantage of the investment-based immigration offered by several countries to get passports and even citizenship
Source
The Hindu