Title: Recovery of stolen assets from abroad

Authors: Rakhmatulla Balashov; Oxana Filipets; Svetlana Baimoldina

Addresses: Institute of Postgraduate Education, Law Enforcement Academy under the Prosecutor General's Office of the Republic of Kazakhstan, Kosshy, Republic of Kazakhstan ' Institute of Postgraduate Education, Law Enforcement Academy under the Prosecutor General's Office of the Republic of Kazakhstan, Kosshy, Republic of Kazakhstan ' Department of Criminal Law Disciplines, L.N. Gumilyov Eurasian National University, Astana, Republic of Kazakhstan

Abstract: The relevance of the study is due to the exceptional scale of the economic damage caused by corruption crimes, and, as a result, the increased attention of the legislator to countering this group of crimes. According to the World Bank, the cross-border flow of proceeds from crime, corruption and tax evasion is estimated at $1.1 trillion to $6 trillion a year, part of which is stolen from developing countries and countries with so-called 'transitional economies.' The purpose of the study is to highlight in as much detail as possible the practical issues of returning stolen assets from abroad. The main approaches used in developing the topic are analysis and the comparative legal method. As a result, the study expanded and detailed the concept of assets in the context of theft and export abroad, in addition it identified a number of gaps and vulnerabilities in asset recovery legislation.

Keywords: asset recovery; UNCAC; UN convention against corruption; StAR initiative; OECD.

DOI: 10.1504/IJESDF.2023.133188

International Journal of Electronic Security and Digital Forensics, 2023 Vol.15 No.5, pp.456 - 467

Received: 06 May 2022
Accepted: 05 Oct 2022
Published online: 01 Sep 2023 *

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