Five state institutions on Tuesday signed a cooperation agreement to improve the management and use of criminal assets. The document was signed at the National Anticorruption Center by representatives of the Prosecutor General's Office, the Ministry of Finance, the State Tax Service and the National Union of Bailiffs, IPN reports.
Through this partnership, the authorities aim to optimize the process of identifying, managing and using proceeds of crime because the recovery of such assets is difficult now due to legislative gaps and the absence of effective coordination between institutions.
According to the authorities, the new agreement allows to ensure a clearer record of confiscated assets, to create optimal solutions for their recovery and to improve the legislation in the field. At the same time, the institutions involved will work together to standardize the practices for the recovery of criminal assets and to improve the enforcement of court decisions related to confiscations.
Officials say that this initiative will help protect the interests of the state and increase transparency in the process of recovering damage caused by crimes. The agreement enters into force immediately and lays the foundations for closer cooperation between the institutions responsible for the fight against economic crime.
