In the conviction judges must confiscate the instruments used to commit the crime and also the proceeds of the crime or the goods in which they convert, for the benefit of the National State or the local governments, except for the rights of restitution or compensation of the victim and third parties. [...] With respect to disposal of assets, the above- mentioned Law includes provisions that allow for the sharing of goods, by enabling the Ministry of Foreign Affairs, International Trade and Worship to agree with the requesting/requested State, on the basis of reciprocity, that a portion of the funds or goods obtained as a result of execution proceedings remain in the possession of Argentina or the re. [...] On the other hand, in addition to the rules of cooperation for the confiscation of assets, The Law N° 24.737 in its article 68 also provides rules for assistance in the investigation and prosecution of crimes, which may include measures for the location and tracking of assets, as well as the execution of embargoes or other precautionary measures aimed at freezing assets. [...] With regard to the administration of assets subject to civil actions for forfeiture of ownership (DNU N° 62/2019), it has been decided to assign the management of assets seized in these proceedings to the Agency for the Administration of State Assets (AABE), a specialised agency under the Office of the Chief of Cabinet of Ministers. [...] ARTICLE 3.- It is hereby established that for the best and most efficient management of the proceedings under the terms of Section 2 herein, the STATE PROPERTY ADMINISTRATION AGENCY may request the MINISTRY OF FOREIGN AFFAIRS, INTERNATIONAL TRADE AND WORSHIP to carry out the necessary and conducive steps and formalities for the disposal of the property located abroad.
- Pages
- 11
- Published in
- United States of America
