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UNCAC: Cabinet to introduce Civil Asset Recovery and Unexplained Wealth Order Bill

Posted: Friday, April 28, 2023. 4:36 pm CST.

By Zoila Palma Gonzalez: In December of 2016, Belize acceded to the United Nations Convention against Corruption (UNCAC).

The Government of Belize says that it continues to demonstrate its commitment to implement convention measures to prevent and combat corruption.

At cabinet’s session today, cabinet approved the tabling of the Civil Asset Recovery and Unexplained Wealth Order Bill 2023.

This legislative initiative will assist in combating corruption and allow the High Court to freeze the assets of persons where those assets were acquired through unlawful means.

This will also place the onus on persons whose wealth exceeds their incomes to account to the court for their acquisition.

This is a significant move since the measures will enable the tracing of assets acquired through unlawful means.

 

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