Asset Recovery

Why it matters

• It serves as a critical mechanism for upholding the rule of law by ensuring that perpetrators of financial crimes do not benefit from their illicit gains.
• It aids in the restoration of public funds to the national exchequer, which can then be redirected toward developmental and welfare-oriented public expenditure.
• It acts as a deterrent against systemic corruption by reducing the economic incentives for engaging in high-level financial misconduct.
• It facilitates international cooperation and judicial assistance between jurisdictions to track and recover assets moved across borders.

How it is asked

Focus on the legal frameworks governing anti-money laundering, the role of international conventions like the United Nations Convention against Corruption (UNCAC), and the institutional challenges faced by investigative agencies in cross-border asset tracing.