1st Meeting, Intersessional Seminar on Funds of Illicit Origin - Human Rights Council
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01:48:41
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Original
Summary

Intersessional seminar on the negative impact of the non-repatriation of funds of illicit origin to the countries of origin on the enjoyment of human rights

Description

Opening remarks:            Ms.
Michelle Bachelet, United Nations High Commissioner for Human Rights       

Chair:    H.E.
Mr. Federico Villegas, President of the Human Rights Council

Session 1:            The
negative impact of the non-repatriation of funds of illicit origin to the
countries of origin on the enjoyment of human rights - challenges and good
practices for efficient international cooperation

Moderator: Mr. Chafik Ben Rouine,
Economist/Consultant, Surge Team, OHCHR 

Panellists:

·        
Mr. Junior Davis, Head, Policy Analysis and
Research Branch, ALDC Division, UNCTAD

·        
Mr. Shervin Majlessi, Chief, Conference Support
Section, Corruption and Economic Crime Branch (UNODC/StAR)

·        
Mr. Mounir Chedly, Director-General, Government
Litigation at the Ministry of State Domains and Land Affairs, Tunisia

·        
Ms. Bhumika Muchhala, Senior policy analyst on
development economics, global governance and international political economy
issues for the Third World Network

Background

In March 2021, the Human Rights Council adopted
resolution 46/11 on the negative impact of the non-repatriation of funds
of illicit origin to the countries of origin on the enjoyment of human
rights. In the resolution, the Council decided to convene a one-day
intersessional seminar on the negative impact of the non-repatriation of
funds of illicit origin to the countries of origin on the enjoyment of
human rights, to discuss challenges and best practices in this regard
and to make recommendations, with the participation of States, the
Advisory Committee and other relevant stakeholders. The same resolution
requested the Independent Expert on the effects of foreign debt and
other related international financial obligations of States on the full
enjoyment of all human rights, particularly economic, social and
cultural rights to conduct a new study, in connection with the previous
relevant studies conducted by the mandate holder and the Advisory
Committee, on a proposed non-binding set of practical guidelines for
efficient asset recovery aiming at curbing the illicit transfer of funds
and mitigating its negative effects on the enjoyment of human rights
with a view to help requesting and requested States to strengthen their
cooperation in this regard.