AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
Markets

UN chief calls for eradicating corruption during coronavirus pandemic

  • The UN will continue to prioritize transparency and accountability, in and beyond the COVID-19 response, the UN chief pledged.
Published October 15, 2020

UNITED NATIONS: UN Secretary-General Antonio Guterres has called on everyone to work together to stamp out corruption in all its forms as this global scourge is not only a crime but immoral and the “ultimate betrayal” of public trust.

In a statement issued on Thursday, he underlined that in the midst of the coronavirus pandemic, corruption was proving to be even more damaging in its impact on the most vulnerable.

“The response to the virus is creating new opportunities to exploit weak oversight and inadequate transparency, diverting funds away from people in their hour of greatest need,” the Secretary-General said.

Corruption during the pandemic can seriously undermine good governance globally, and send the world even further off-track in in its efforts to achieve the Sustainable Development Goals (SDGs), he added.

There are also very direct risks to health: “Unscrupulous merchants peddle faulty products such as – defective ventilators, poorly manufactured tests or counterfeit medicines”, Guterres said, noting that collusion among those who control supply chains has led to outrageous price hikes, skewing the market and denying many people life-saving treatment.

The UN will continue to prioritize transparency and accountability, in and beyond the COVID-19 response, the UN chief pledged.

The Secretary-General called on Governments to be careful and not act in haste, making sure to vet suppliers, and ensure fair pricing of essential goods as supply chains continue to be under strain.
He also urged everyone to join hands against corrupt and exploitative acts.

“We must work together to stop such thievery and exploitation by clamping down on illicit financial flows and tax havens; tackling the vested interests that benefit from secrecy and corruption; and exercising utmost vigilance over how resources are spent nationally”, Guterres said.

"We must create more robust systems for accountability, transparency and integrity without delay," he added.

The UN chief also called for governments and leaders to be transparent and accountable, and for businesses to act responsibly, highlighting the importance of a vibrant civic space and open access to information.

Whistle-blowers who expose wrongdoing, must get the legal protection they deserve, in calling out corruption.

“Technological advances can help increase transparency and better monitor procurement of medical supplies,” the Secretary-General said, adding that anti-corruption bodies should be supported and empowered.

The Secretary-General also urged nations to use a vital tool, provided by the UN: adopted by the General Assembly in 2003, the United Nations Convention against Corruption, entered into force in December 2005. It currently has 187 States Parties.

It is the only legally binding universal anti-corruption instrument, and its far-reaching approach and the mandatory character of many of its provisions make it a unique tool for developing a comprehensive response to corruption.

Through five key areas – preventive measures; criminalization and law enforcement; international cooperation; asset recovery; and technical assistance and information exchange – the Convention covers many different forms of corruption, such as bribery, trading in influence, abuse of functions, and various acts of corruption in the private sector.

Comments

Comments are closed.