On the 15th-17th of November 2023, the African Center for Governance, Assets Recovery, and Sustainable Development participated in the webinar organized by the South Africa’s Asset Forfeiture Unit (AFU) Legal Indaba with the theme: Accelerating Domestic, Cross Border & International Asset Recoveries organized by the Asset FFU held at Pretoria, South Africa.

This program was organized as a follow up to the FATF-INTERPOL Roundtable Engagement (FIRE) event on 12-13 September 2023. The event was aimed to tackle the obstacles in international cooperation process with specific focus on financial investigation and mutual legal assistance in stolen asset recovery.

The Nigerian perspective was presented by Madam Juliet Ibekaku-Nwagwu on the topic: International Asset Tracing, Recovery, and Return: Global Framework and Nigeria’s Experience”. In her presentation, she gave an in-depth review of Nigeria’s asset recovery measures, as well as the international procedures required in cross-border, tracing, freezing, and confiscation of stolen assets. She also presented the procedure for negotiating and returning stolen assets and what South Africa could do to improve their capability in this field.

The African Center for Governance, Asset Recovery, and Sustainable Development (or “the African Center”) is an independent civil society organization headquartered in Abuja, Nigeria. The African Center collaborates with national governments, international and regional organizations, and non-governmental organizations to promote good governance, sustainable development, and the rule of law. Read more: https://lnkd.in/dhAxzGEr

More information on our work can be found on our website: www.africancenterdev.org or our social media handles: LinkedIn: africenterdev Instagram: africenterdev or Facebook: africenterdev

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