HYDERABAD, India (NNN-Bernama) -- India's Central Vigilance Commission (CVC) is leading a task force to develop a system to enable anti-corruption agencies across the world to exchange information and experience in fighting graft, Press Trust of India reported.
The Knowledge Management System being developed by the task force, a member of the International Association of Anti-Corruption Authorities, would help anti-corruption agencies in this regard, said Chief Vigilance Commissioner Pradeep Kumar.
"Fighting corruption is no longer a purely domestic affair as corruption has taken international dimensions.
"Proceeds of corruption are laundered in other countries through various forms of illicit financial transactions and it is proving difficult to take action against foreign companies involved in bribery in India," Kumar said.
Pradeep said international co-operation in corruption investigations and a concerted approach for recovery of stolen assets has to be accorded priority.
Kumar said a host of governance reforms that have been long overdue are now being introduced in India.
"I am very optimistic that these reforms would result in a paradigm shift in the approach towards fighting corruption and also improve governance," he said.
Saying corruption has been in the mainstream of public debate in the last two years, Kumar said corruption has fuelled public anger along with other factors like economic downturn and rising inflation.
An Act to regulate public services delivery is currently being legislated which would go a long way in curbing petty corruption, the former bureaucrat said. -- NNN-BERNAMA
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