Watchdogs: UN Treaty is Bunk
Countries party to a global anti-corruption treaty to see how they’re living up to their obligations, agreed country reps from 142 countries last week when they met in Qatar to put some teeth into the four-year-old UN Convention against Corruption. The convention has been seen as a useful tool in fighting worldwide graft because of it worldwide reach and focus on practical methods to stop public assets from being siphoned off to money laundering networks or financial secrecy jurisdictions. Under the new agreement, UN inspectors will be able to look at the books of countries that have signed the convention.