G20 meeting: Prime Minister Narendra Modi today addressed the G-20 Anti-Corruption Ministerial Meeting held in Kolkata through video conferencing. During this, he said that a law was made against those who ran away with money from the country. It is our responsibility to fight corruption. The Prime Minister said that corruption affects the poor and the marginalized the most.
Prime Minister said – Zero tolerance policy towards corruption
Regarding corruption, PM Modi said that it affects the resources and its effect is also seen in the markets. He said that the aim of the government is to increase the resources of the state for the development of our country. He stressed on the need to fight corruption to achieve this goal. The Prime Minister said that our government follows the policy of zero tolerance in the matter of corruption.
confiscated property of fugitives
PM Modi said that in 2018 the Economic Offenders Act was brought. The government has since aggressively recovered more than $1.8 billion in assets from fugitives fleeing the country. Also, he mentioned the Prevention of Money Laundering Act, which has helped criminals seize more than $12 billion in assets since 2014.
Prime Minister Modi suggested that G-20 countries can enact a new law to speed up the recovery of foreign assets. After this, it will not take much time to send the accused from one country to another. He asserted that this would send a strong message to the nation about our united fight against corruption.
