A/RES/58/205. Resolution of the United Nations General Assembly, 2003

• Resolution Number: A/RES/58/205
• Year: 2003
• Session: 58th
• Issuer: General Assembly of the United Nation

United Nations A/RES/58/205

General Assembly Distr.: General

11 February 2004

Fifty-eighth session

Agenda item 92

03 50688

Resolution adopted by the General Assembly on 23 December 2003

[on the report of the Second Committee (A/58/482)]

58/205. Preventing and combating corrupt practices and transfer

of assets of illicit origin and returning such assets to the

countries of origin

The General Assembly

,

Recalling

its resolution 54/205 of 22 December 1999 and its resolutions

56/186 of 21 December 2001 and 57/244 of 20 December 2002, both on preventing

and combating corrupt practices and transfer of funds of illicit origin and returning

such funds to the countries of origin,

Recalling also

the Monterrey Consensus of the International Conference on

Financing for Development,

1

which underlined that fighting corruption at all levels

is a priority, and the Plan of Implementation of the World Summit on Sustainable

Development (“Johannesburg Plan of Implementation”),

2

Deeply concerned

about the seriousness of problems posed by continuing

corrupt practices and transfer of assets of illicit origin and return of such funds and

assets to the countries of origin, which may endanger the stability and security of

societies, undermine the values of democracy and civil ethics and jeopardize

sustainable and political development, in particular when an inadequate national and

international response leads to impunity,

Taking note

of the global study on the transfer of funds of illicit origin,

especially funds derived from acts of corruption, submitted to the Ad Hoc

Committee for the Negotiation of a Convention against Corruption,

3

which noted

the substantial amounts of money involved, the economic hardships for countries

that are victims of such corruption and the enormous obstacles to recovery faced by

those countries,

_______________

1 Report of the International Conference on Financing for Development, Monterrey, Mexico, 18-22 March

2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1, annex.

2 Report of the World Summit on Sustainable Development, Johannesburg, South Africa,

26 August-4 September 2002 (United Nations publication, Sales No. E.03.II.A.1 and corrigendum), chap. I,

resolution 2, annex.

3 A/AC.261/12.