ID: ARW-639
United States v. $639 583.7, More or Less, Formerly on Deposit in Bank of America Account Number XXXXXXXX1655, with a Beneficiary Identified As the Havenell Trust, and All Funds Trace
$0.00
Country of Origin
Peru
Country of Asset Location
United States
Country that initiated legal action to recover proceeds of corruption
United States
Disposition of Criminal Case(s)
At time of reporting (2021), there were ongoing investigations/prosecutions related to this case in the country of asset location (United States) and country of origin (Peru).
Action Initiating Asset Recovery
By domestic investigation by law enforcement authorities (independent from foreign request)
Stage of Asset Recovery
Assets confiscated
Which authorities or agencies were involved in the asset recovery/return process
In the jurisdiction of asset recovery(United States), was Eastern District of New York.
Legal Basis for Asset Recovery in the country of asset location
Non-conviction based confiscation (NCB)
Legal Basis for International Cooperation
Bilateral Mutual Legal Assistance Treaty
Contributing Factors in Asset Recovery
Other
Notes
Specific factors that helped make the asset return possible in this case were sustained cooperation between the United States and Peruvian governments led to a successful asset recovery outcome. The US alleged these funds represented bribes paid to former Peruvian President Manuel Toledo by Odebrecht SA
Agreement for Returned Assets
Yes – agreement under UNCAC Art.57(5)
Yes – an asset-sharing agreement
Assets Confiscated
#1
Assets confiscated
686,505.00 USD
Assets confiscated (USD equivalent)
$686,505.00
Date of confiscation
2019
Jurisdiction
United States
Asset Type at Time of Confiscation
Cash/bank deposit
Assets Frozen/Seized
#1
Date of freeze/seizure
2019
Jurisdiction
United States
USD Conversion date
September 2023
Date and Country of Case Submission
January 1, 2021
United States
Data Source
Official information provided by country authorities