Law Minister Anisul Huq said preventing illegal financial flows and restoring and recovering confiscated assets could contribute to effective resource mobilisation and implementation of SDGs.
But in the past, it has been observed that despite the clear provisions of the United Nations Convention against Corruption (UNCAC), there are some additional obstacles in the process of recovering assets.
These barriers should be removed. If necessary, the possibility of an additional protocol on asset recovery under this convention may be examined, he added.
Mr Anisul made the remarks in a pre-recorded video address to a special session of the UN General Assembly on Thursday night.
The anti-corruption talks are being held for three days (June 2-4) at the UN headquarters in New York.
The law minister also said the main weaknesses and gaps in the international anti-corruption framework must be identified in order to prevent modern corruption prevalent in this era.
Calling for a broader integrated approach to anti-corruption within the UN system, the minister said new and innovative approaches need to be adopted to end corruption.
The minister said the implementation of the SDGs 2030 agenda and the fights against corruption are crucial for a sustainable future.
In order to fight corruption, an integrated approach should be adopted with all stakeholders including women and youth, Mr Anisul said.
