HOW TO RETURN STOLEN ASSETS RESPONSIBLY

On 10 November, Human Rights Watch says that to help make the return of stolen assets reality, civil society organisations, including Human Rights Watch, developed the Civil Society Principles for Accountable Asset Return.  These principles build on those agreed by the Global Forum for Asset Recovery, an intergovernmental initiative hosted by the World Bank.  Numerous groups contributed to the Civil Society Principles, drawing on their experiences observing cases of asset repatriation in Uzbekistan, Kazakhstan, Nigeria and Equatorial Guinea.  It says that responsibly returning assets is especially challenging when the corrupt person from whom they were seized remains in power.  The principles include transparency and public participation, integrity, accountability and victim restitution.

https://www.hrw.org/news/2020/11/10/how-return-stolen-assets-responsibly#

The Civil Society Principles for Accountable Asset Return are available at –

https://www.hrw.org/sites/default/files/media_2020/11/Civil%20Society%20Principles%20for%20Accountable%20Asset%20Return.pdf

The December 2017 Principles for Disposition and Transfer of Confiscated Stolen Assets in Corruption Cases from the Global Forum for Asset Recovery are at –

https://star.worldbank.org/sites/star/files/the-gfar-principles.pdf

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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