Fugitives: Talks on asset agreement expected
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Telephone: Fax: made in nabbing fugitives, authorities are facing difficulties in “confiscating and Subscription: Advertising: recovering large sums of illegal Follow funds”,us on: the ministry official said.
China intends to negotiate Website:with France to sign an agreement on sharing the illicit assets that corrupt Chinese officials have sent illegally to France.
“Such an agreement will provide a legal basis for France to share the confiscated illegal funds with us, provided they can identify the money as illegally transferred to France,” he said.
Li Wei, a lawyer from the Beijing Lawyers Association, said that after signing such CANADAan agreement, the two countries will “share the ill-gotten money in a reasonable proportion after case-by-case negotiation based on international conventions”.
According to the ministry, Chinese police will place more emphasis on returning the illgotten assets by enhancing communication and strengthening law enforcement cooperation in an effort to freeze and recover the assets.
Huang Feng, a law professor at BeijingNormalUniversity, said:“The priority is to offer a © complete2016 China chainDaily of evidence All to Rightsour counterpartsReserved in Western Vol. countries36 — No. 11011to request their judicial assistance in identifying, freezing and confiscating the illegal proceeds in Amemberofa timely manner.”
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