Crime & Courts
ACC Proposes Criminal Assets Management Agency
The Anti-Corruption Commission –ACC- has proposed the establishment of a specialised Criminal...
By Wilson Mulinda
The Anti-Corruption Commission –ACC- has proposed the establishment of a specialised Criminal Assets Management Agency to oversee the management of confiscated, seized and forfeited assets.
ACC Director General DAPHNE CHABU says the proposed agency will provide a professional and dedicated mechanism for the management, preservation, maintenance, valuation and disposal of recovered assets.
Speaking during a consultative stakeholders’ workshop in Lusaka today, Ms. CHABU said a dedicated institution will ensure that assets are managed by professionals with the necessary skills and systems.
She said this will also allow law enforcement agencies to focus on their core mandates.
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Meanwhile, Lusaka Province Acting Deputy Permanent Secretary, GIDEON MWANZA, urged stakeholders to consider how the proposed framework will interact with existing institutions and legislation.
Professor MWANZA said stakeholders should identify areas requiring greater clarity to prevent duplication, institutional conflicts and delays.
He said weak asset management systems can undermine the objectives of asset recovery.
Source: Zambia24 — Read more
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