Country of Origin
Malaysia
Country of Asset Location
France
Disposition of Criminal Case(s)
At time of reporting (2020), there was an investigation/prosecution related to this case in the country of origin (Malaysia) but the status was unknown.
There was an ongoing investigation/prosecution related to this case in the country of asset location (France).
Action Initiating Asset Recovery
By domestic investigation by law enforcement authorities (independent from foreign request)
By an MLA request from a third country
Other procedure
Stage of Asset Recovery
Assets frozen/seized
Legal Basis for Asset Recovery in the country of asset location
Conviction-based criminal prosecution and confiscation
Legal Basis for Asset Recovery in the country of origin
Conviction-based criminal prosecution and confiscation
Legal Basis for International Cooperation
UNCAC
Bilateral Mutual Legal Assistance Treaty
Reciprocity
Specify Other
Egmont group; IACCC; INTERPOL/StAR Global Focal Point Network; StAR Technical Assistance; conducted by Parquet National Financier
Notes
Asset amount at time of freezing/seizure was between 130 and 150 million EUR.
At time of reporting (2020), the assets were still frozen/seized.
Action initiating asset recovery was conducted by Parquet National Financier.
Assets Frozen/Seized
#1
Assets frozen/seized
140,000,000.00 EUR
Assets frozen/seized (USD equivalent)
$146,496,000.00
Date of freeze/seizure
2018
Asset Type at Time of Freeze/Seizure
Real estate
Other
Specify Other
17 real estate properties located in the Côte d'Azur and Paris
USD Conversion date
September 2023
Case information submitted
Data Source
Official information provided by country authorities