Joe Duggan (Reporter)
MORE than 50 international lawyers are demanding the creation of an International Anti-Corruption Court.
The group from 25 countries, led by top Spanish lawyer Javier Cremades, want the court to deal with global money laundering and terrorist financing.
“We have a problem of political governance. The law creates artificial barriers that harms consumers and that complicates national and international lawsuits,” said Cremades.
Since 2007, the percentage of Spain’s GDP run by the black market is estimated to have grown from 11.2% to up to 22%.
Javier Cremades, do you think it would be better to start with the corruption, black market, money laundering etc which has been a blight of Spain first before getting involved with 25 other country’s. Hopefully the 50 International lawyers would be putting Spain at the top of their list,
These courts are usually financed by fines levied on those found guilty. Therefore it is vital to include Spain as part of it – that one country could finance the entire operation for decades.
Tim – excellent comment.
Interesting. Just wonder how this court would enforce payment?