India Joins GlobE Network’s Steering Committee to Fight Corruption
New Delhi [India], September 26: India has been elected to the fifteen-member steering committee of the GlobE Network after a multi-stage voting process during a plenary session held in Beijing on Thursday, according to the Central Bureau of Investigation (CBI).
The Global Operational Network of Anti-Corruption Law Enforcement Authorities (GlobE Network) is an initiative of the G20. As a member of the Steering Committee, India will play a crucial role in shaping the global agenda against corruption and asset recovery.
The CBI stated, “India’s expertise and experience in combating corruption will be valuable assets to the GlobE Network.”
The GlobE Network is a vital platform for international cooperation, and India’s participation will strengthen its efforts to combat cross-border financial crimes and corruption. India had supported the initiative in 2020, and the network was officially launched on June 3, 2021, during a special event at the UN General Assembly Special Session against Corruption (UNGASS).
The GlobE Network now has 121 member countries and 219 member authorities. The Ministry of Home Affairs (MHA) is the Central Authority for the GlobE Network, and the CBI and Enforcement Directorate (ED) are member authorities from India.
The GlobE Network is emerging as a unique platform where agencies from across the world share best practices, criminal intelligence, develop strategies, and support the common cause of combating corruption. The Network has one Chair, one Vice Chair, and thirteen members in the Steering Committee to provide leadership to the organization.
It may be recalled that during India’s G20 Presidency in 2023, two High-Level Principles for combating Corruption were adopted, which detailed leveraging the GlobE Network.
Doubts Revealed
GlobE Network -: The GlobE Network is a group of countries and organizations working together to fight corruption and financial crimes. It was started in 2021.
Steering Committee -: A steering committee is a group of people who help guide and make decisions for a project or organization. In this case, it helps guide the GlobE Network.
G20 -: The G20 is a group of 20 important countries that work together on big world issues like the economy and trade. India is one of these countries.
Beijing -: Beijing is the capital city of China. The voting process for the steering committee took place there.
Central Bureau of Investigation (CBI) -: The Central Bureau of Investigation, or CBI, is India’s main agency for investigating serious crimes like corruption and fraud.
Corruption -: Corruption is when people in power, like government officials, do dishonest or illegal things for personal gain, like taking bribes.
Financial Crimes -: Financial crimes are illegal activities involving money, like stealing money, fraud, or money laundering.