Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-11-Speech-3-212"
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"en.20090311.30.3-212"2
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"Madam President, one can cite as examples of major international financial crime the Madoff affair, obviously, but also the speculation in agricultural raw materials that took place in 2007.
This is why a whole host of legal experts, including Carlos Sotelo’s practice in Spain, and networks of large practices, have proposed the creation of an international financial court.
We could, moreover, just extend the International Criminal Court’s remit to cover major financial crime because, in 2007, millions of children died as a result of the speculation in agricultural products. There was a financial Darfur.
This international financial court would have the power to investigate speculation and speculators, to inspect tax havens, to regulate and to punish offenders.
This is the test of sincerity for Barack Obama, for President Sarkozy and for the other leaders. This is the political message to send out to the general public, and this would be the first stage of a global organisation, a global phenomenon and a global cure for a global economic crisis."@en1
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