India's Anti-Corruption Law Debated In New York Legal Meet



New York: The effectiveness and efficacy of India's anti-corruption law to tackle graft in government agencies and public sector businesses came up for discussion during a legal meet.

The seminar was organized by New York State Bar Association and Paris-based Internationale des Avocats (UIA - International Association of Lawyers) held New York City.

The two-day seminar - Global Integrity Challenges for Enterprise Management & Anti-corruption and Anti-money Laundering - was attended by corporate attorneys from many part of the world.

R Shunmugasundaram, a Senior Advocate of Supreme Court of India and a former Member of Parliament - Rajya Sabha - were the only delegate to attend from India.

Shunmugasundaram said anti-bribery, anti-corruption and the expectation of fair and ethical business practices from private sector is a hot topic in today's world-wide political, economic and confidence crises.

The forum provided comprehensive overview of the current situation in the U.S., Europe and Latin America on monitoring integrity - including corruption - risks companies are facing, handling internal audits and assessing and treating unwelcome findings.

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Source: PTI