G20 ACWG urges legal professionals to prevent corruption and money laundering

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Jakarta (ANTARA) – The G20 Anti-Corruption Working Group (ACWG) encourages the involvement of legal professionals, such as lawyers and lawyers, to prevent corruption and money laundering.

During the third day of the G20 ACWG here on Wednesday, the head of the Commission for the Eradication of Corruption (KPK) said that this encouragement comes from the fact that defenders and lawyers often facilitate the process by helping corrupters by participating in money laundering.

“They help by facilitating the access of corruptors to the financial market and even by creating a new company to hide the corruption money,” Hadipratikto noted in a statement Thursday.

To this end, Hadipratikto proposed that oversight of regulations and best practices regarding monitoring the role of legal professionals in laundering corruption money be included in the G20 ACWG compendium.

“The G20 ACWG Compendium is important for monitoring access control regulations and oversight that focuses on legal industry professionals,” he noted.

“It also promotes various good practices drawn from the experience of G20 member countries,” he noted.

The KPK hopes the compendium can produce comprehensive regulations, so that legal professionals have a better role to play in preventing corruption and money laundering, he said.

In addition, the third day of the G20 ACWG also addressed the issue of the risk of corruption in the management of renewable energies.

Speakers from the Organization for Economic Co-operation and Development (OECD), the Extractive Industries Transparency Initiative (EITI), the Institute for Economic and Financial Analysis of Energy (IEEFA), the Center U4 and C20 anti-corruption resources were invited during the discussion.

In his paper, C20 Chair Dadang Trisasongko presented three recommendations to the G20 ACWG to manage the risk of corruption in renewable energy management.

These three recommendations are to encourage discussion of the fossil fuel sector as part of the ACWG’s priority issues, open information in the creation of renewable energy policy, and strengthen institutions and renewable energy regulations.

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