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Financial Crime and Corruption on the Rise in Jordan: Amendments to Integrity and Anti-Corruption Law Spark Hope for Change

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Amidst growing concerns over financial crime and corruption, Jordan’s Integrity and Anti-Corruption Committee (JIACC) has introduced significant amendments to its law. The changes aim to strengthen the committee’s ability to combat illicit practices and ensure greater transparency in government dealings.

Background on the JIAC Law

The JIAC Law, which came into effect in 2016, has been amended several times since then. However, the latest revisions are considered a major step forward in the fight against corruption.

Key Amendments

Article 3: Immovable Assets

  • Allows the JIACC to own immovable assets such as land and real estate, reducing its dependence on government funding.

Administrative Independence

  • Introduces stricter rules for removing members from their positions.
  • Empowers the committee’s Chief to enter into contracts and agreements with third parties without requiring approval from other bodies.

Investigative Powers

Article 5: Scope of Authority

  • Widens the scope of its authority to investigate any kind of activity deemed corrupt.

Article 16: Investigation After Final Judgment

  • Allows the JIACC to investigate complaints even after a final judgment has been issued.

Expert Insights

Experts say that these changes are crucial in combating financial crime and corruption in Jordan. “The amendments demonstrate a commitment to tackling corruption and ensuring greater transparency in government dealings,” said Lauris Zailaa’, a senior associate at Tamimi & Company, a leading law firm in the region.

Foreign Officials and International Organizations

  • The inclusion of foreign officials and employees of international organizations within the scope of public officials subject to anti-corruption laws is seen as a significant development.
  • This ensures that Jordan does not become an attractive host for corrupt officials from overseas who seek to compromise the integrity of foreign countries.

Conclusion

While there is still much work to be done, the latest amendments to the JIAC Law offer hope that Jordan is serious about tackling financial crime and corruption. As the country continues to navigate its economic challenges, it is essential that these efforts are sustained and strengthened to ensure a brighter future for all citizens.