Astana: The 20th Meeting of Prosecutors General of the Shanghai Cooperation Organisation (SCO) Member States was held in Astana, Kazakhstan yesterday, September 23.
Learned Solicitor General of India, Department of Legal Affairs Tushar Mehta, and Additional Secretary, Department of Legal Affairs Dr. Anju Rathi Rana attended the meeting from the Indian side.
Mr. Mehta highlighted the initiatives taken by the Government of India to address Transnational Economic Crimes internationally by the ratification of two UN Conventions. They include the United Nations Convention against Transnational Organized Crime (UNCTOC) and its three protocols and the United Nations Convention Against Corruption (UNCAC).
He said, at the national level in
order to stop the threat of Transnational Economic Crimes, India has implemented a number of legislative measures over the years to prevent, detect, and penalise money laundering by specialised legislation.
A protocol incorporating the deliberations of the 20th meeting of the Prosecutors General of the SCO Member States was signed and adopted by the SCO Member States. It includes strengthening cooperation between the Prosecutor General's Offices of the SCO Member States with respect to the recovery of the proceeds of crime particularly in money laundering.
Besides, it also includes using the forums of bilateral and multilateral gatherings to discuss ways to strengthen the systems in place to combat economic crimes.