Asset Recovery Watch

ARW-192
Vladimiro Montesinos (Luxembourg)
Peru
De facto chief of intelligence and main advisor of former Peruvian President Alberto Fujimori (1990-2000)
Luxembourg
Location of Recovery Effort, Asset Location / Alleged Asset Location
Ongoing
Art.15, Art.16, Art.17, Art.18, Art.23
Yes
Unspecified
Unknown
Ongoing Case
Ongoing
Investigation/Asset Tracing/Asset Restraint
Unspecified Amounts Frozen
Ongoing
N/A

According to a Case Study by Professor Guillermo Jorge, citing official figures of the Office of the Special State Attorney for the Montesinos/Fujimori Case, as of 2007, accounts valued at $ 47 million remain frozen in Switzerland, Mexico, Luxembourg and Panama. (Source: Professor Guillermo Jorge, "The Peruvian efforts to recover the proceeds from Montesinos' criminal network of corruption," presented at Asian Development Bank Regional Seminar, Bali/Indonesia, September 5-7, 2007.)

According to a case study by Professor Guillermo Jorge, as of September 2007, Mr. Montesinos had been convicted in 13 different trials and more than 70 trials were ongoing. (Source: Guillermo Jorge, "The Peruvian Efforts to Recover Proceeds from Montesinos's Criminal Network of Corruption," in ADB/OECD Anti-Corruption Initiative for Asia and the Pacific, Asset Recovery and Mutual Legal Assistance in Asia and the Pacific, Proceedings of the 6th Regional Seminar on Making International Anti-Corruption Standards Operational Held in Bali, Indonesia, on 5-7 September 2007 and hosted by the Corruption Eradication Commission, Indonesia, accessed at http://www.adb.org/Documents/Books/Asset-Recovery/Asset-Recovery.pdf.)

Office of the Special State Attorney for the Montesinos/Fujimori Case, Peru
Office of theSpecial State Attorney for the Montesinos/Fujimori Case, Peru