A Sensitization Session on the Civil Asset Recovery and Unexplained Wealth Act 2023 was held this week at the Biltmore. The session is jointly hosted by the Government of Belize and the U.S. Embassy's INL Unit.
So what is the act about? Well it's to catch people - especially government officials or employees - who accumulate conspicuous and unexplained assets and wealth.
Earlier this week, Alexander Ferguson, the U.K. expert who assisted in drafting the legislation, gave an overview on Sunup on 7:
A statement from both the US and Belize government's says "Belize is expected to achieve high levels of effectiveness in putting these asset recovery laws and procedures into practice and eventually benefit from recovering the proceeds of crime."
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Government Of Belize
U.S. Embassy
