India Elected to GlobE Steering Committee

On September 26, 2024, India was elected to the 15-member GlobE Steering Committee during the plenary session held in Beijing, reinforcing its role in combating global corruption and promoting asset recovery.

Key Highlights

1. Role of India in the GlobE Network

1. India will significantly influence the global agenda against corruption, leveraging its expertise and experience.
2. Participation aims to bolster efforts against cross-border financial crimes.

2. About the GlobE Network

1. Initiative Background: Established as part of G-20 efforts; officially launched on June 3, 2021, during a UN General Assembly event against corruption.
2. Membership: Comprises 121 countries and 219 member authorities.
3. Leadership Structure: Includes one chair, one vice-chair, and 13 committee members to guide the organization.
4. Operational Framework: Serves as a platform for sharing best practices and criminal intelligence, developing anti-corruption strategies.

3. India’s Representation

1. The Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) represent India in the GlobE Network.
2. The Ministry of Home Affairs (MHA) acts as the central authority coordinating India’s involvement.

4. G-20 Presidency Initiatives

1. During India’s G-20 Presidency in 2023, two high-level principles for combating corruption were adopted, emphasizing the use of the GlobE Network.

5. Central Bureau of Investigation (CBI)

1. Premier investigative agency in India, established in 1963 by a Ministry of Home Affairs resolution.
2. Responsibilities: Investigates serious crimes and provides leadership in the fight against corruption.

Conclusion

India's election to the GlobE Steering Committee marks a significant step in enhancing its role in global anti-corruption efforts. By participating actively in this network, India aims to strengthen international cooperation against financial crimes, fostering a unified approach to combating corruption.

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