.png "India hosted 12th Steering Committee Meeting of GlobE Network")
- Co‑organized by CBI (Central Bureau of Investigation) and ED (Enforcement Directorate).
- The GlobE Network, established in 2021 under the Riyadh Initiative during Saudi Arabia’s G20 Presidency, operates under the UNCAC (United Nations Convention against Corruption) framework.
- ED Director Rahul Navin revealed restitution of $5.6 billion (₹46,000 crore) in corruption and money laundering cases.
- CBI Director Praveen Sood praised the GlobE Secure Communication Platform for encrypted, real‑time evidence sharing.
- India is among the 15 Steering Committee nations (India, Brazil, China, Russia, Saudi Arabia, South Africa, etc.) guiding global anti‑corruption strategy.
- The meeting reinforced international cooperation, asset recovery, and tech‑enabled enforcement against transnational corruption.
Question:
Q.1 At the 12th Steering Committee Meeting of the GlobE Network, the term “GlobE” stands for:a) Global Bureau of Enforcement
b) Global Operational Bureau of Economy
c) Global Operational Network of Anti-Corruption Law Enforcement Authorities
d) Global Organization for Business Ethics
Answer: c) The full form of GlobE is frequently asked in exams and was highlighted during the meeting.
