Liechtenstein Contributes 100,000 CHF to IACA under the “Let Crime Pay Principle”

The Principality of Liechtenstein has made a voluntary contribution of 100,000 CHF to IACA’s general budget in accordance with the “let crime pay principle”, laid out in IACA Assembly of Parties (AoP) resolutions and also in the United Nations Convention against Corruption (UNCAC). This is one of the first such contributions to an international organization.

The funds will help to support IACA’s operations and activities, especially with a view to implementing its Work Programme 2017 - 2020.

Liechtenstein’s Ministry of Foreign Affairs said the support was an expression of its appreciation for IACA’s efforts in corruption prevention and — in the subject case — the Principality’s bilateral cooperation with Austria in fighting corruption.

The Ministry added that the contribution was guided by the call by IACA’s AoP for alternative sources of financing and lays down a best practice marker for the case-specific application of IACA’s AoP Resolution AoP2-Res1 as well as the rationale of Article 62/2.(c) of the UNCAC, which both exemplify the “let crime pay principle”.

The funds came from a bribery case, decided and sentenced by the provincial court for criminal matters in Vienna and further executed and enforced by the Princely country court in Vaduz, Liechtenstein.

Liechtenstein became a Party to IACA in 2011.


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