EVENT INFORMATION

4
August
2021

France authorizes restitution of proceeds from confiscated illicit assets

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📅 4 August 2021 📍 France

A French development law created a mechanism to return proceeds from the sale of assets definitively confiscated in France to the countries concerned, through cooperation and development programs intended to benefit populations. The measure can return public resources and constrain the use of confiscated wealth in France. It addresses illicit assets rather than colonial reparations as such, so it is included as an adjacent material restitution model with that limit made explicit.

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People in this event

French Parliament

governments and populations in partner countries

Organizations in this Event

French Republic

Ministry for Europe and Foreign Affairs