Unexplained Wealth Orders articles

Lebanon could utilize unexplained wealth orders to recover stolen assets

Lebanon could utilize unexplained wealth orders to recover stolen assets

Reading Time: 4 minutes Asset recovery requires global cooperation. According to the Stolen Asset Recovery (StAR) Initiative database, in 2018 the approximate amount of stolen funds that have been frozen, confiscated, or returned to affected countries since 1980 equals $8.2 billion, involving over 50 requesting and over 40 requested jurisdictions. These numbers, however, pale in comparison to the estimates

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