October 20, 2026 08:41 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Four killed in fresh Manipur violence as protesters take bodies to Chief Minister’s residence | Tiger Shroff firing: Three accused arrested on train in Rajasthan, suspected Bishnoi gang link emerges | 'Internet access a fundamental right for children': SC rejects age-based 'blanket' ban | 'We will fight our own government': RG Kar victim's father threatens fresh protest after Sandip Ghosh gets bail | RG Kar shocker: Sandip Ghosh gets bail as only 7 of 147 witnesses examined, junior doctor blasts CBI | Trump waives Russia-related sanctions | 'How dare Elon Musk?' Owaisi defends Modi after billionaire's 'real boss' jibe at Ambani | 'B****y S***': IAS officer's abuse of female colleague during virtual J&K meeting sparks row | Aamir Khan’s nephew Imran Khan asked to leave India by Oct 28 after joining anti-CEC protest | ‘Their crime? Demanding justice’: Rahul Gandhi slams 4 AM detention of Ankita Bhandari’s parents

The costs of corruption: values, economic development under assault, trillions lost, says Guterres

| @indiablooms | Dec 09, 2018, at 05:22 pm

New York, Dec 9 (IBNS): Every year, trillions of dollars - equivalent to more than five percent of global GDP - are paid in bribes or stolen through corruption, the United Nations reported on the International Day which serves to highlight the pervasive crime, marked this Sunday.

Secretary-General António Guterres deemed corruption “an assault on the values of the United Nations,” in a message on International Anti-Corruption Day, which is marked each 9 December.

He said that "it robs societies of schools, hospitals and other vital services, drives away foreign investment and strips nations of their natural resources,” he said.

One trillion dollars are paid in bribes annually, while another 2.6 trillion are stolen; all due to corruption.

The United Nations is fighting the global scourge, which affects both rich and poor countries, through initiatives like the global campaign launched jointly by the UN Development Programme (UNDP) and the UN Office on Drugs and Crime (UNODC).

The campaign recognizes corruption as one of the biggest impediments to achieving the SDGs, or 2030 Sustainable Development Goals agreed by all nations of the world in 2015, to advance the whole of humankind. And to counter that pernicious reality, the campaign is asking communities to use the Anti-Corruption logo during related events, and highlight community actions related to the Day on social platforms by using the hashtag #UnitedAgainstCorruption and tagging @UNDP, @UNODC.

Government officials, civil society, the private sector, and anti-corruption advocates can reference the campaign’s “Call to Action Matrix,” which offers recommendations for strategies to stand against corruption.

Additionally, the United Nations Convention against Corruption, adopted in 2003, exists as the only legally-binding, universal anti-corruption instrument.

Its far-reaching approach covers the full spectrum of corruption, and a vast majority of Member States, 186, are parties to the Convention.

Guterres called the Convention a “primary tool” for advancing the fight, and highlighted the positive outcomes made possible through its implementation.

“Through the Convention's peer review mechanism, we can work together to build a foundation of trust and accountability,” said the UN chief.

World Bank/Philip Schuler

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.