Country of Asset Location
Hong Kong SAR, China
Other Jurisdictions Involved
Unnamed jurisdiction
Disposition of Criminal Case(s)
At time of reporting (2020), there was a concluded investigation/prosecution related to this case in the country of asset location (HKSAR) and country of origin (unnamed jurisdiction). The outcome was that (1) the subject was convicted of bribery offences in Jurisdiction S and (2) after investigation, subject's assets in HKSAR was confiscated after absconder proceeding.
Action Initiating Asset Recovery
By domestic investigation by law enforcement authorities (independent from foreign request)
Stage of Asset Recovery
Assets confiscated
Legal Basis for Asset Recovery in the country of asset location
Non-conviction based confiscation (NCB)
Contributing Factors in Asset Recovery
Other
Specify Other
INTERPOL/StAR Global Focal Point Network
Notes
The foreign jurisdiction involved was named as "Jurisdiction S (Asia)".
Agreement for Returned Assets
No
Assets Confiscated
#1
Assets confiscated
5,000,000.00 HKD
Assets confiscated (USD equivalent)
$638,480.00
Date of confiscation
October 2015
Jurisdiction
Hong Kong SAR, China
Asset Type at Time of Confiscation
Cash/bank deposit
Real estate
Assets Frozen/Seized
#1
Date of freeze/seizure
July 2012
Jurisdiction
Hong Kong SAR, China
USD Conversion date
September 2020
Date and Country of Case Submission
January 1, 2020
Hong Kong SAR, China
Data Source
Official information provided by country authorities