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Vienna Conference: Algerian delegation highlights asset recovery efforts

Vienna Conference: Algerian delegation highlights asset recovery efforts

The Algerian delegation continued its engagement at the subsidiary bodies meetings during the second day of the Conference of the States Parties to the United Nations Convention against Corruption in Vienna, running from November 2 to 6. Tuesday's agenda featured the opening of the 15th meeting of the open-ended intergovernmental working group on international cooperation, alongside the 20th session of the working group on asset recovery. Both entities held a joint meeting with the Implementation Review Group to share experiences and evaluate progress. The Ministry of Justice representative emphasized Algeria's strong commitment to recovering stolen assets, highlighting national milestones such as Law No. 25-14 amending the Code of Criminal Procedure, which establishes the National Agency for the Management of Frozen, Seized, or Confiscated Assets. He also detailed international judicial requests sent to various nations to repatriate confiscated properties and urged for joint actions to eliminate barriers to effective international cooperation driven by political will. Additionally, the Secretariat presented a thematic report on implementing Chapter V of the Convention concerning asset recovery. Proceedings will resume on Wednesday with a panel focusing on strengthening cooperation between anti-corruption bodies and financial intelligence units.