Abstract
In this paper, it is discussed how recovering monies that have been smuggled is a complicated and varied subject that calls for solid legal frameworks, effective international collaboration, and strong political will. Despite the fact that great progress has been made on both the national and international levels, there are still obstacles that prevent the proper recovery of resources that have been stolen. It is vital to continue improving legal and procedural procedures, developing international collaboration, and tackling the core causes of corruption in order to make significant progress in retrieving monies that have been smuggled.
Reference
- Nermin Marmash, Mazen Lahham, Ismat Sawalha, previously cited - The Regulatory Framework for Asset Recovery at the Local and International Levels, p. 11.
- Nermin Marmash, Mazen Lahham, Ismat Sawalha, previously cited - The Regulatory Framework for Asset Recovery at the Local and International Levels, p. 16.
- Osama Diab, previously cited - Will We Recover Our Looted Money? - Egypt's Smuggled Assets Between Reconciliation Deals, Acquittal Judgments, and Institutional Corruption, p. 16.
- Samia Hossain, Legislative Handling in Combating Money Laundering According to International Standards, Legal and Political Studies Journal, a semi-annual academic peer-reviewed journal, Faculty of Law, Boumerdes University, Issue 1, May 2016, p. 36.
- Dr. Sayed Ahmed Ibrahim Abdel Kader, previously cited - The Legal System for Recovering Smuggled Funds, pp. 135-136.
- Dr. Suleiman Abdel Moneim, previously cited - The Phenomenon of Corruption - A Study on the Harmonization of Arab Legislations with the Provisions of the United Nations Convention against Corruption, p. 6.
- Dr. Galal Amin, Egypt and the Egyptians in the Era of Mubarak (1981-2008), First Edition 2009, Merit Publishing House, p. 65.
- Nasser Al-Rayes, The Practical Practices of the Palestinian National Authority in Combating Corruption and Recovering Assets through International Cooperation, Ramallah: Coalition for Integrity and Accountability (Nisan), 2011, p. 2.
- Jalila Haddad, during the official Algerian delegation's speech, Initiative of Good Governance to Serve Development in Arab Countries, p. 16.
- Dr. Mahmoud Mahmoud Magrabi, The Role of the Arbitrator in Addressing the Problem of Corruption in the International Commercial Community, Journal of the Kuwait International Law College - Research of the Fifth International Annual Conference, May 9-10, 2018, Special Supplement - Issue (3) - Part Two - October 2018, Footnote (19) p. 93.
- Ashraf Tawfiq Shams El-Din, Criminalization of Money Laundering in Comparative Legislation, Arab Renaissance House, 2001, p. 2.
- Farzana Nawaz, Asset Recovery: The Scope and Dimension Problem, Berlin: Transparency International, 2011.
- Nermin Marmash, Mazen Lahham, Ismat Sawalha, previously cited - The Regulatory Framework for Asset Recovery at the Local and International Levels, p. 13.
Haider Hussein Na'ma Al-Jaafari
Department of Public Law, Faculty of Law, Islamic University in Lebanon
Ali Youssef Al-Shukri
Department of Public Law, Faculty of Law, Islamic University in Lebanon
Received: 05-03-2024, Accepted: 19-06-2024, Published Online: 20-06-2024