Country of Origin
United Kingdom
Country of Asset Location
United Kingdom
Country that initiated legal action to recover proceeds of corruption
United Kingdom
Other Jurisdictions Involved
United Arab Emirates
Disposition of Criminal Case(s)
There was no investigation/prosecution related to this case in the country of origin (United Kingdom) nor in the country of asset location (United Kingdom).
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 origin
Conviction-based criminal prosecution and confiscation
Legal Basis for International Cooperation
N/A
Notes
This case involved a conviction in the UK for offences committed overseas (Dubai).
Agreement for Returned Assets
No
Assets Confiscated
#1
Assets confiscated
851,152.23 GBP
Assets confiscated (USD equivalent)
$1,034,683.63
Date of confiscation
February 2016 - May 2016
Jurisdiction
United Kingdom
Asset Type at Time of Confiscation
Cash/bank deposit
USD Conversion date
September 2023
Date and Country of Case Submission
January 1, 2020
United Kingdom
Data Source
Official information provided by country authorities