A regional training course on asset recovery and confiscation was attended by members of the Financial Intelligence Unit (FIU) and the Asset Recovery Investigation Division (ARID). The training session took place from 29 May to 5 June 2023, in Lusaka, Zambia.
During the training course, participants covered a wide range of topics related to asset recovery and confiscation. The subjects included:
1. Using Anti-Money Laundering (AML) tools for tracing assets, with a focus on the “follow the money” approach through a simulation exercise.
2. Understanding the processes and legal frameworks related to asset recovery and confiscation.
3. Techniques for financial and asset investigation and tracing.
4. Developing effective investigation plans for asset recovery cases.
5. Introduction to virtual assets and their implications for asset recovery efforts.
6. Strategies and methods for asset freezing and forfeiture.
7. Domestic and international cooperation in asset confiscation cases.
8. Effective management of recovered assets.
The training culminated in a group presentation on the final day, where all participants had the opportunity to showcase their knowledge and skills. The Mauritian team, consisting of My Ladyship Carol Green-Jokhoo (Judge), colleagues from the Office of the Director of Public Prosecutions (ODPP), the Central Criminal Investigation Department (CCID), and a team comprising of Financial Intelligence Analysis Division (FIAD) and Asset Recovery Investigation Division (ARID), delivered an outstanding presentation.
We are proud to announce that the Mauritian team was recognized as the best team of the working session. This achievement reflects their dedication, expertise, and commitment to the field of asset recovery and confiscation.
The Financial Intelligence Unit commends the team for their exceptional performance and extends its appreciation to all participants for their active engagement and contributions throughout the training course. The knowledge and skills gained during this working session will undoubtedly strengthen our efforts in combating financial crimes, recovering illicit assets, and promoting the rule of law.
We look forward to leveraging this valuable experience to enhance our asset recovery and confiscation capabilities, and to further strengthen cooperation with domestic and international partners in the fight against financial crime.