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Trinidadian Officials See Path to Delayed Asset Forfeiture Power, Says FIU Director

By Kira Zalan

Authorities in Trinidad and Tobago intend to revive plans that would grant law enforcement officials the power to seize non-cash assets without criminal convictions, according a financial intelligence official. The Ministry of National Security last year proposed granting authorities the power to obtain forfeiture orders against suspected criminals and political figures who cannot account for their sources of wealth, under certain conditions. The draft plan would also have created a court to oversee appeals and storage facilities to house the seized assets. But the proposal saw no traction, in part due to the government's prioritization of its mutual evaluation by...

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