Country of Origin
Romania
Other Jurisdictions Involved
Switzerland
Disposition of Criminal Case(s)
At time of reporting (2020), there was a concluded investigation/prosecution related to this case in the country of origin (Romania).
The outcome was that this case is currently on trial.
Action Initiating Asset Recovery
By an MLA request from the country of origin
Stage of Asset Recovery
Assets frozen/seized
Case ongoing
Legal Basis for Asset Recovery in the country of origin
Conviction-based criminal prosecution and confiscation
Legal Basis for International Cooperation
Other multilateral treaties
Contributing Factors in Asset Recovery
Other
Specify Other
The Egmont Group
Notes
The legal basis for international cooperation was the European Convention regarding judicial assistance in criminal matters, Strasbourg, April 20, 1959.
The date of asset freezing/seizure order was September 2017 in Romania. The freezing order was enforced in December 2017 in Switzerland.
At time of reporting (2020), the assets were still frozen/seized.
Assets Frozen/Seized
#1
Assets frozen/seized
2,097,013.00 EUR
Assets frozen/seized (USD equivalent)
$2,236,208.52
Date of freeze/seizure
September 2017 - December 2017
Asset Type at Time of Freeze/Seizure
Cash/bank deposit
USD Conversion date
December 2023
Date and Country of Case Submission
January 1, 2020
Romania
Data Source
Official information provided by country authorities