Assembly Approves Treaty on Pillaged Assets
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From Times Wire Reports
The U.N. General Assembly approved the world’s first anti-corruption treaty that would require nations to return stolen assets to countries from which they were pillaged.
The treaty would take effect 90 days after 30 governments have ratified it. Developing nations were eager to have the asset recovery provision adopted, particularly those where high-level corruption plundered the national wealth.
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