International conference to discuss issues concerning asset recovery

The International Conference on Asset Recovery to Combat Crime - European Trends was held at the Seimas of the Republic of Lithuania (hereinafter referred to as “the Seimas”) on 7 October. The conference funded by the European Union was organized by the Special Investigation Service (hereinafter referred to as “the STT”) along with the Office of the Seimas and the Seimas Anticorruption Commission.

The idea to hold a conference on asset recovery emerged after meetings of STT expert, Prof Alan Doig, with the major institutions of our country, working in the field of asset recovery – confiscation of property, and institutions responsible for the implementation of international agreements and the formation of the legal framework, as well as with scientists in this area.

The conference examined issues concerning recovery of the proceeds from crime and new related EU legal decisions, as well as the European Union Council Framework Decision on Confiscation of Crime-Related Proceeds, Instrumentalities and Property, and German experience in its implementation as well as Europol’s role in detecting crime-related proceeds and property, and looked at problems encountered in Lithuania about confiscating proceeds from corruption and other criminal acts.

Comments and suggestions made during the conference will be used in draft amendments and supplements, currently in preparation by the STT, to laws regulating confiscation and recovery of crime-related property.

The Conference was attended by representatives of Lithuanian law enforcement institutions, the Prosecution Service of the Republic of Lithuania, the Presidential Palace, the Government and the State Tax Inspectorate.