Other Jurisdictions Involved
Kuwait
Switzerland
Disposition of Criminal Case(s)
At time of reporting (2022), there was a domestic investigation/prosecution related to this case in the country of origin.
The underlying offence for the asset recovery was laundering of proceeds of crime, and misappropriation of public funds by public officials.
UNCAC Offenses Implicated
Article 17. Embezzlement, misappropriation or other diversion of property by a public official
Article 23. Laundering of proceeds of crime
Action Initiating Asset Recovery
By an MLA request from the country of origin
Stage of Asset Recovery
Assets returned
Which authorities or agencies were involved in the asset recovery/return process
The domestic body or agency responsible for the asset return was the Public Prosecution of Kuwait.
Legal Basis for International Cooperation
UNCAC
Other multilateral treaties
Notes
The jurisdiction that was involved in this case was The Swiss Confederation, and the role of Kuwait jurisdiction was claiming and receiving the assets.
The legal basis for international cooperation were United Nations Convention Against Transnational Organized Crime and The Protocols Thereto.
The legal basis for asset recovery in Kuwait was conviction-based criminal prosecution and forfeiture.
Assets returned
#1
Assets returned
3,135,394.26 USD
Assets Returned (USD equivalent)
$3,135,394.26
Date of return
May 2021
Asset Type at Time of Return
Cash/bank deposit
Agreement for Returned Assets
Yes – another agreement
Monitoring and Disbursement Arrangements
Compensating individuals
Asset Type at Time of Confiscation
Cash/bank deposit
Date and Country of Case Submission
January 1, 2022
Kuwait
Data Source
Official information provided by country authorities