The Netherlands, Canada and Ecuador voted on Monday to set up an international corruption court. “Such a court will provide the international community with an additional tool to enforce existing anti-corruption laws,” said Dutch Foreign Minister Wopke Hoekstra. Such a court would therefore function in a similar way to the International Criminal Court (ICC) in The Hague.
According to the United Nations, about $2 trillion is lost every year to corruption. The court would “target the highest officials and the people who bribe them,” said US Judge Mark Wolf, who is leading the campaign to create a corruption court.
UN Convention against Corruption
181 countries have signed the UN Convention against Corruption. Still, “kleptocrats enjoy impunity because they control the judiciary in countries,” Wolf said. According to the judge, the anti-corruption court would also be a point of contact for informants who cannot contact investigators in their country.
The Dutch city of The Hague is already home to the ICC and the International Court of Justice, which deals with disputes between UN members.
Source: Krone

I am Wallace Jones, an experienced journalist. I specialize in writing for the world section of Today Times Live. With over a decade of experience, I have developed an eye for detail when it comes to reporting on local and global stories. My passion lies in uncovering the truth through my investigative skills and creating thought-provoking content that resonates with readers worldwide.