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Sunday, October 2, 2022

Corruption is deadly for developing countries: Chief Commissioner Rai

Chief Commissioner of the Commission for Investigation of Abuse of Authority Prem Kumar Rai has addressed the Ninth Conference of the Parties to the United Nations Convention against Corruption.

On behalf of Nepal, Rai addressed the program at the Ninth Conference of the Parties to the United Nations Convention against Corruption, which is being held in El Seikh, Egypt, from December 12 to December 15.

Addressing the program, Chief Commissioner Rai said that Nepal was concerned about the challenges and dangers posed by corruption to the stability and security of the society. Pointing out that corruption threatens sustainable development and the rule of law, he said that corruption is the enemy of all countries. Still, it is even more deadly for developing countries.

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He said that corruption has given a place to inequality and injustice, discouraged the foreign aid and investment received by developing countries, and has greatly impacted poverty reduction and development.

On occasion, Chief Commissioner Rai said that corruption was now a local problem and a global problem. As it had adversely affected the society and economy, international commitment, coordination, and cooperation was needed to prevent and control it.

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