“David Cameron’s anti-corruption summit has taken very important steps forward in the fight against corruption. The commitments made here show how far we have come in this fight, but also how far we have still to go.” was Adrian Lovett, Deputy CEO (interim) of ONE, response to ongoing talks on the Anti-Corruption Summit.
The Summit is a communique that sets out a common approach to tackling corruption, as agreed by participating countries and, where appropriate, international organisations.
Lovett further stated that: “We welcome the moves by the Netherlands, Nigeria and France to create public registers of beneficial ownership, and that foreign firms that own property in the UK will now declare their assets publicly in a bid to stamp out money-laundering. But these are only steps in a longer journey. Global corruption drains the lifeblood of the global economy and makes the world less secure, prosperous and just.”
Deputy Director of ONE in Africa, Nachilala Nkombo stated: “Our continent has suffered a huge loss in its fight against poverty due to the high level of global corruption taking place. But today there is a new hope this fight can be won as African nations and the international community agreed on a framework of shared responsibility to combat all domestic and international sources of this cancer called corruption.”
“ONE calls on countries who attended the Anti-Corruption Summit to urgently implement gold standard policies that ensure fair play. To root out corruption, we need committed and robust action, crucially including the public disclosure of beneficial ownership of companies and trusts”, says Adrian Lovett.