Tuesday, September 20, 2011

UN Convention Against Corruption

United Nations Convention Against Corruption
(UNCAC)

In accordance with article 68 (1) of resolution 58/4, the United Nations Convention against Corruption entered into force on 14 December 2005. A Conference of the States Parties is established to review implementation and facilitate activities required by the Convention.
Cambodia acceded to the UNCAC
on 5 September 2007


Chapter III Criminalization and law enforcement

Article 22. Embezzlement of property in the private sector


Each State Party shall consider adopting such legislative and other meas­ures as may be necessary to establish as a criminal offence, when committed intentionally in the course of economic, financial or commercial activities, embezzlement by a person who directs or works, in any capacity, in a private sector entity of any property, private funds or securities or any other thing of value entrusted to him or her by virtue of his or her position.


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