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Saudi Arabia to launch ‘Riyadh Initiative’ to combat global corruption at UN in Vienna on Thursday

Tue, 2021-06-01 00:02

RIYADH: Saudi Arabia is working to launch the “Riyadh Initiative” aimed at establishing a global network of operations to exchange information between anti-corruption agencies.
Mazin bin Ibrahim Al-Kahmous, president of the Oversight and Anti-Corruption Authority (Nazaha), will head the Kingdom’s delegation at the session at the UN headquarters in Geneva on Thursday, Saudi Press Agency reported on Monday.
The Riyadh Initiative has received international support, and the political declaration of the UN General Assembly meeting dedicated to combating corruption welcomed the establishment of the initiative called the Global Network of Anti-Corruption Law Enforcement Authorities (GlobE Network).
Envoys will discuss a number of topics related to the fight against corruption in the presence of Executive Director of the UN Office on Drugs and Crime (UNODC) Ghada Waly and Prince Abdullah bin Khalid bin Sultan, the Kingdom’s ambassador to Austria and permanent representative to the UN and international organizations in Vienna.
Topping the agenda will be the announcement of the Riyadh Initiative Network. The Kingdom worked during its G20 presidency last year to develop and launch the network to strengthen efforts to combat corruption internationally.
The Riyadh Initiative was developed in partnership with G20 countries and international organizations specialized in combating corruption, such as Interpol, the Egmont Group, the Organization for Economic Cooperation and Development, the Financial Action Task Force, the World Bank and the International Monetary Fund.
Al-Kahmous will deliver the Kingdom’s speech, in which he will highlight Saudi Arabia’s efforts to activate its international anti-corruption partnerships.
The main objective of the Riyadh Initiative Network is to develop a rapid and effective tool to combat cross-border corruption crimes.

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