Will not work
This idea will work out just like the crowd that awards the Olympics, the group that runs the footbul World Cup or UN Committee for Human Rights a few years ago. The US was kicked off but likes of Libya and Syria were OK. Not that our country is exempt from corruption but in most of the other countries in the world corruption is the only thing that functions well.
The comment that all the poor countries want is the money from the rich countries to pay for their systems in on the money. That money will be wasted for the same reason they don't have a good system now.