Country of Origin
Estonia
Country of Asset Location
Latvia
Country that initiated legal action to recover proceeds of corruption
Latvia
Disposition of Criminal Case(s)
At time of reporting (2020), there were concluded investigations/prosecutions related to this case in the country of origin (Estonia) and in the country of asset location (Latvia).
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
Conviction-based criminal prosecution and confiscation
Legal Basis for International Cooperation
Bilateral Mutual Legal Assistance Treaty
Contributing Factors in Asset Recovery
Other
Specify Other
Egmont group
Agreement for Returned Assets
Yes – another agreement
Monitoring and Disbursement Arrangements
Bilateral Agreement
Assets Confiscated
#1
Assets confiscated
571,000.00 EUR
Assets confiscated (USD equivalent)
$608,661.00
Date of confiscation
September 2015
Jurisdiction
Latvia
Asset Type at Time of Confiscation
Real estate
Assets Frozen/Seized
#1
Date of freeze/seizure
September 2015
Jurisdiction
Latvia
USD Conversion date
September 2023
Date and Country of Case Submission
January 1, 2020
Latvia
Data Source
Official information provided by country authorities