Connect with us

Politics

Thailand urged to ratify UN Convention Against Corruption,

Thailand became a signatory to the pact in 2003. Thailand must show its sincerity in fighting graft by rushing ratification of the United Nations Convention Against Corruption, both private and public sectors urged over the weekend. All UNCAC signatories – 135 countries at present – are obliged to coordinate with each another on mutual legal assistance and asset recovery for crimes, even to the extent of extradition.

Olivier Languepin

Published

on

United Nations

Thailand must show its sincerity in fighting graft by rushing ratification of the United Nations Convention Against Corruption, both private and public sectors urged over the weekend.

Loading...

More:
Thailand urged to quickly ratify UNCAC

Thailand became a signatory to the pact in 2003. Ratifying the UNCAC could also help return ousted prime minister Thaksin Shinawatra to stand trial here in the near future or speed up the trial of well-known financier Rakesh Saxena, the roundtable pointed out.

All UNCAC signatories – 135 countries at present – are obliged to coordinate with each another on mutual legal assistance and asset recovery for crimes, even to the extent of extradition.

Signatories must also support international investigation and apprehension among member countries.

Dusit Nontanakorn, chairman of the Thai Chamber of Commerce, said the private sector is proceeding with cracking down on corruption among themselves, but the government should move in the same direction by ratifying the convention as soon as possible.

“It’s quite strange that we apply to be a member of the pact and we will be the host country of IACC but we have not yet ratified it,” he said.

Utis Kaothien, a senior expert of the National Anti-Corruption Commission, said ratification is one of the key measures against corruption. It will allow Thailand to gain social recognition and quick responses to its proposals.

The government should set a time frame for ratification since it has been a member for years, he said.

The government has defended the delay by saying it needs to amend laws, which will take time, to facilitate the signing.

United Nations Convention Against Corruption, highlights

Prevention

Corruption can be prosecuted after the fact, but first and foremost, it requires prevention. An entire chapter of the Convention is dedicated to prevention, with measures directed at both the public and private sectors. These include model preventive policies, such as the establishment of anticorruption bodies and enhanced transparency in the financing of election campaigns and political parties. States must endeavour to ensure that their public services are subject to safeguards…

[Read More]

Criminalization

The Convention requires countries to establish criminal and other offences to cover a wide range of acts of corruption, if these are not already crimes under domestic law. In some cases, States are legally obliged to establish offences; in other cases, in order to take into account differences in domestic law, they are required to consider doing so. The Convention goes beyond previous instruments of this kind, criminalizing not only basic forms of corruption…

[Read More]

International cooperation

Countries agreed to cooperate with one another in every aspect of the fight against corruption, including prevention, investigation, and the prosecution of offenders. Countries are bound by the Convention to render specific forms of mutual legal assistance in gathering and transferring evidence for use in court…

[Read More]

Asset recovery

In a major breakthrough, countries agreed on asset-recovery, which is stated explicitly as a fundamental principle of the Convention. This is a particularly important issue for many developing countries where high-level corruption has plundered the national wealth, and where resources are badly needed for reconstruction and the rehabilitation of societies…

[Read More]

Bangkok Correspondent for Siam News Network. Editor at Thailand Business News

Politics

Thailand falls to 73rd position in Economist’s Democracy Index

Within Southeast Asia, Thailand’s score regressed in 2020, falling to 73rd from 68th, including those related to the treatment of the opposition and to curbs on freedom of expression.

Olivier Languepin

Published

on

Democracy in sickness and in health? is the title of The Economist Intelligence Unit’s latest Democracy Index report, which looks at the impact of the coronavirus (Covid-19) pandemic on freedom and democracy around the world.

Loading...
(more…)

Continue Reading

Myanmar

Military coup in Myanmar threatens economic recovery

The coup follows rising tension between the government and the military over claims by the military that the NDL’s landslide win during the November election was marred by fraud.

Avatar

Published

on

After a decade of democracy, the Myanmar military has staged a coup ousting the newly re-elected NDL party. So far, the coup has been peaceful and we do not expect it to lead to any major social unrest or large protests amid public concerns about Covid-19.

Loading...
(more…)

Continue Reading

Politics

Thai generals want more control on foreign businesses

Thailand’s military government is planning to amend the FBA (Foreign Business Act) to prevent foreign directors from controlling joint venture firms that are majority-owned by Thai shareholders.

Olivier Languepin

Published

on

Thailand’s military government is planning to amend the FBA (Foreign Business Act)  to prevent foreign directors from controlling joint venture firms that are majority-owned by Thai shareholders. (more…)

Loading...
Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,072 other subscribers

Latest

Trending