Lima, Oct 12 :  Around $1-1.5 trillion or around two percent of global GDP, are lost to corruption every year, president of the Natural Resource Governance Institute (NRGI) has said.

The Global Organization of Parliamentarians Against Corruption (GOPAC) has called on the United Nations to establish an international court on corruption following the issuance of the Yogyakarta Declaration on Thursday.

United States investigators have launched probes into corruption allegations that hundreds of millions of dollars linked to a Malaysian state fund had dropped into prime minister Najib Razak’s personal bank accounts.

NEW DELHI: The Supreme Court on Monday called for 'zero tolerance' approach towards corruption and advised the courts not to get swayed by mercy and forgiveness while awarding punishment to the corrupt.