Thursday, May 6, 2021
Home World United Nations backs India's concerns over black money, calls for action on...

United Nations backs India’s concerns over black money, calls for action on recovering money hidden in safe havens

Black money

By NewsGram Staff Writer

“Track down and recover black money hidden in safe foxhole,” called out a group of law officials in a major United Nations meeting, which concluded on Sunday in Doha, Qatar.

The 13th UN Congress on Crime Prevention and Criminal Justice stated that it’s high time to take effective steps to track, recover and confiscate “money and other assets that have not been accounted for and are found in safe havens.”

The group also proposed that the freezing can be carried out “in accordance with domestic law” and can also be “non-conviction-based.”

It is notable that the meeting, which was attended by UN Secretary General Ban Ki-Moon, union Law Minister D.V. Sadananda Gowda and the chief legal and law enforcement officials from all over the globe, kind of advocated India’s concerns over black money.

On the other hand, the meeting also focused on amplifying international cooperation and finding for nations “ways of affording one another similar cooperation in civil and administrative proceedings for confiscation purposes.”

“I am happy to note that this Congress has endorsed the need for greater international cooperation to effectively deal with critical issues such as unaccounted black money stashed in safe havens, money laundering,” said Gowda welcoming the Congress’ proposed actions to deal with the grappling issue of Black Money.

STAY CONNECTED

19,510FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

Gold Diggers: ‘It’s About Gold’, Says Author Sanjena Sathian

It began as a tale of a mother and a daughter, two Indian Americans who are gold thieves, but expanded into a magical realist...

Twitter Introduced New Prompts To Combat Bullying

Twitter has rolled out improved prompts on iOS and Android that will encourage users to pause and reconsider a potentially harmful or offensive reply...

UN Agencies: Food Insecurity Has Reached A Five-Year High Globally

Global conflicts, economic crises, and extreme weather conditions have pushed the number of people who faced acute food insecurity to 155 million in 2020,...

Historical, Mythological Tales Hit Small Screen

Last year during Covid lockdown, Doordarshan struck gold re-telecasting "Ramayan", Ramanand Sagar's hit mythological series of the eighties. This year, as India has come...

‘Aerosols’ Generated During High-Intensity Exercise, Aids In COVID Spread

High-intensity exercise produces more respiratory aerosols that can be harmful and aid in the transmission of Covid-19, and using a high-efficiency particulate air (HEPA)...

Men Worried About Job Security During Pandemic: BMC Helpline

A year after its launch, the BrihanMumbai Municipal Corporation (BMC)'s mental health helpline clocked over 72,000 calls, with a majority from men, pertaining to...

Plato’s “Lost City Of Atlantis”

By- Khushi Bisht For several years, tales of this lost city have been told that existed over 9,000 years ago and was home to wealthy...

Here’s How Antibodies Effectively Fight Off Covid19

US researchers have found how antibodies produced in people who effectively fight off SARS-CoV-2 work to neutralize the part of the virus responsible for...

Recent Comments