Central Asia creates an informal network for asset recovery

A regional meeting of experts from West and Central Asian countries on asset recovery was held on the basis of the Academy of Law Enforcement Agencies on April 24-25, 2018.

This is the first event held within the framework of the Academy’s status of a basic organization for the professional development and retraining of personnel for tax (financial) investigation agencies of the CIS member states.

The meeting was organized by the Regional Hub on Countering Global Threats in conjunction with the United Nations Office on Drugs and Crime.

25 employees of the Prosecutor General’s Offices and the Ministries of Internal Affairs of Kazakhstan, Afghanistan, Pakistan, Iran, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan took part in the work.

As experts, the best specialists in the field of asset recovery from Great Britain, the Netherlands, Korea and France are involved.

During the event, issues related to the establishment of an informal interdepartmental network of West and Central Asia on asset recovery, as well as the need to agree on a roadmap for effective tracking of stolen funds and their return.

It is noted that in the context of raising the level of national security, the issues of combating financial crime and the return of illegally withdrawn assets are of great importance. In this connection, it is important to unite efforts in this direction.

According to the participants of the event, the regional meeting will help to establish mechanisms for cooperation between law enforcement agencies in the region to return stolen assets.