{"id":3096,"date":"2023-11-13T08:04:24","date_gmt":"2023-11-13T08:04:24","guid":{"rendered":"https:\/\/nacc.gov.lb\/reccovery-funds\/"},"modified":"2025-08-21T09:53:12","modified_gmt":"2025-08-21T09:53:12","slug":"recovery-funds","status":"publish","type":"page","link":"http:\/\/nacc.gov.lb\/en\/recovery-funds\/","title":{"rendered":"Recovery of Assets Derived from Corruption Crimes"},"content":{"rendered":"<style>\r\n    section:not(:last-child) {\r\n        border-bottom: 1px solid #b3b3b3;\r\n    }\r\n<\/style>\r\n<div class=\"container-sm mb-4\">\r\n    <div class=\"mt-3 d-flex align-items-center\">\r\n        <p class=\"fw-bold fs-4\" onclick=\"location.href='http:\/\/nacc.gov.lb\/en\/public-mission'\" style=\"cursor:pointer;color:#388831\">Our Mission<i class=\"mx-3 bi bi-chevron-right\"><\/i><\/p>\r\n        <p class=\"fw-bold fs-4\" onclick=\"location.href='http:\/\/nacc.gov.lb\/en\/private-mission'\" style=\"cursor:pointer;color:#388831\">Special Functions<\/p>\r\n    <\/div>\r\n    <div class=\"my-4\">\r\n        <p class=\"fw-bold fs-4\" onclick=\"location.reload()\" style=\"cursor:pointer;text-decoration:underline;text-decoration-color:#dee2e6;text-underline-offset:10px\">Recovery of Assets Derived from Corruption Crimes<\/p>\r\n    <\/div>\r\n    <div class=\"row\">\r\n        <div class=\"col-lg-4\">\r\n            <div class=\"list-group rounded-4 p-3 mb-5 bg-gray-light\" id=\"scrollspy\">\r\n                <div class=\"timeline\">\r\n                                                <a href=\"#introduction\" class=\"tl-item text-decoration-none\">\r\n                                <div class=\"tl-dot\"><\/div>\r\n                                <div class=\"tl-content\">\r\n                                    <div class=\"\">Overview<\/div>\r\n                                <\/div>\r\n                            <\/a>\r\n                                                <a href=\"#our-mission\" class=\"tl-item text-decoration-none\">\r\n                                <div class=\"tl-dot\"><\/div>\r\n                                <div class=\"tl-content\">\r\n                                    <div class=\"\">Functions of the \u201cDepartment\u201d<\/div>\r\n                                <\/div>\r\n                            <\/a>\r\n                                                <a href=\"#related-subjects\" class=\"tl-item text-decoration-none\">\r\n                                <div class=\"tl-dot\"><\/div>\r\n                                <div class=\"tl-content\">\r\n                                    <div class=\"\">Related Documents<\/div>\r\n                                <\/div>\r\n                            <\/a>\r\n                                    <\/div>\r\n            <\/div>\r\n        <\/div>\r\n        <div class=\"col-lg-8\">\r\n            <section class=\"mb-3\" id=\"introduction\">\r\n                <div class=\"container-sm mb-4\">\r\n                    <div class=\"mb-4\" style=\"width:fit-content\">\r\n                        <p class=\"fw-bold fs-4 py-1  border-gray\">Overview<\/p>\r\n                    <\/div>\r\n                    <div class=\"mb-4 wysisyg-description\">\r\n                        <p><p>The Law on the Recovery of Assets Derived from Corruption Crimes includes provisions that complement the laws in force relating to &#8220;Asset Recovery&#8221;; hence its provision for the establishment of the \u201cDepartment for the Recovery of Assets Derived from Corruption Crimes\u201d, or the \u201cDepartment\u201d, and the \u201cNational Fund for the Management and Investment of Assets Recovered or to be Recovered\u201d or the \u201cNational Fund\u201d, both of which remain inactive to date.<\/p>\n<p>&nbsp;<\/p>\n<p>According to the law, the \u201cDepartment\u201d shall be established within the National Anti-Corruption Commission (NACC) and shall consist of the NACC President, as Chairman, and two NACC members, who shall be selected according to the NACC bylaws.<\/p>\n<p>&nbsp;<\/p>\n<p>The &#8220;National Fund&#8221; enjoys legal personality and financial and administrative autonomy. It reports to the NACC on matters related to the Fund\u2019s budget, in order to manage assets derived from corruption crimes. The Fund has full authority to conclude contracts and take all measures necessary with any entity, whether in the public or private sector, in Lebanon or abroad, to effectively perform the mission entrusted to it. It may receive donations or aid from internal or external parties, on the condition of publishing and disclosing the identity of the donors, and avoiding any conflict of interest or disruption of its operation<\/p>\n<\/p>\r\n                    <\/div>\r\n                    <div class=\"d-flex align-items-center justify-content-start pt-3 mb-3\">\r\n                        <div style=\"width: 640px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"border rounded-4 p-0 w-100 object-fit-cover\" id=\"video-3096-1\" width=\"640\" height=\"338\" poster=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/VIdeo-3-01.png\" muted=\"1\" preload=\"auto\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2023\/12\/Vid-3-NACC-recovery-of-funds.mp4?_=1\" \/><a href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2023\/12\/Vid-3-NACC-recovery-of-funds.mp4\">https:\/\/nacc.gov.lb\/wp-content\/uploads\/2023\/12\/Vid-3-NACC-recovery-of-funds.mp4<\/a><\/video><\/div>                    <\/div>\r\n                <\/div>\r\n            <\/section>\r\n            <section class=\"mb-3\" id=\"our-mission\">\r\n                <div class=\"container-sm mb-4\">\r\n                    <div class=\"mb-4\" style=\"width:fit-content\">\r\n                        <p class=\"fw-bold fs-4 py-1  border-gray\">Functions of the \u201cDepartment\u201d<\/p>\r\n                    <\/div>\r\n                    <div class=\"d-flex align-items-center justify-content-start pt-3 mb-3\">\r\n                        <a  href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Poster-3-Eng_page-0001-1.jpg\"><img decoding=\"async\" style=\"width: 100%; height: 100%; object-fit: cover;\" class=\"border rounded-4 p-0\" src=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Poster-3-Eng_page-0001-1.jpg\" alt=\"Poster 3\"><\/a>                    <\/div>\r\n                    <div class=\"mb-4 wysisyg-description\">\r\n                        <p><ul>\n<li>Coordinate with all judicial, regulatory and security bodies, and the Special Investigation Commission stipulated in Law No. 44\/2015 with regard to prosecutions, reports and allegations related to corruption crimes and, more specifically, the recovery of assets derived from corruption crimes, provided they do not conflict with the powers reserved for the above-mentioned bodies under the applicable laws.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Develop strategies and plans regarding the assets\u2019 recovery process in general, in all its administrative and judicial stages, and any other related matter referred to it.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Follow up on the assets\u2019 recovery process with the relevant administrative and judicial authorities, within the limits permitted by the laws and regulations of said authorities, while the Department reserves the right to obtain information on cases of recovery of assets derived from corruption, and provide any relevant information required until the Fund established under this Law assumes the management of these assets.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Recommend negotiation strategies and mechanisms, especially to the Litigation Department (Hay3at al Kadayaa) at the Ministry of Justice and the National Anti-Corruption Commission, regarding settlements, reconciliations, and agreements that would expedite and activate efforts to recover assets without necessarily resorting to litigation, and suggesting procedures for the same purpose.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Determine the challenges facing the recovery of assets, and recommend the necessary legislative and regulatory texts and legal and administrative measures to the competent authorities to address them.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Seek assistance, when necessary, from Lebanese or non-Lebanese natural or legal persons who are competent and experienced, based on a documented CV.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Prepare, during the month of January of each year, a detailed annual report on its work in accordance with the provisions of the Right of Access to Information Law and its amendments, and publish the report on the website of the NACC.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<\/p>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/section>\r\n            <section class=\"mb-3\" id=\"related-subjects\">\r\n                <div class=\"container-sm mb-4\">\r\n                    <div class=\"mb-4\" style=\"width:fit-content\">\r\n                        <p class=\"fw-bold fs-4 py-1 border-gray\">Related Documents<\/p>\r\n                    <\/div>\r\n                    <div class=\"row\">\r\n                        <div class=\"col-6\">\r\n                                                            <p class=\" fw-bold mb-4\" style=\"font-size:1rem!important;color:#378931\">Laws<\/p>\r\n                                                                    <div class=\" wysisyg-description d-flex align-items-center mb-4\">\r\n                                        <a class=\"mb-0\" download href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Law-44-2015-Fighting-Money-Laundering-and-Terrorist-Financing.pdf\"><img decoding=\"async\" class=\"mb-0\" style=\"width:2em\" src=\"http:\/\/nacc.gov.lb\/wp-content\/themes\/NACC\/assets\/imgs\/DownloadPDF.svg\"><\/a>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #808080;\">Law 44-2015 Fighting Money Laundering and Terrorist Financing<\/p>\r\n                                    <\/div>\r\n                                                                <div class=\" wysisyg-description d-flex align-items-center mb-4\">\r\n                                        <a class=\"mb-0\" download href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Recovery-of-Assets-Derived-from-Corruption-Crimes-Law-no-214.2021-1.pdf\"><img decoding=\"async\" class=\"mb-0\" style=\"width:2em\" src=\"http:\/\/nacc.gov.lb\/wp-content\/themes\/NACC\/assets\/imgs\/DownloadPDF.svg\"><\/a>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #808080;\">Recovery of Assets Derived from Corruption Crimes Law no 214.2021<\/p>\r\n                                    <\/div>\r\n                                                                                                                                        <\/div>\r\n                        <div class=\"col-6\">\r\n                                                            <p class=\"fw-bold mb-4\" style=\"font-size:1rem!important;color:#378931\">Related Material<\/p>\r\n                                                                    <div class=\" wysisyg-description d-flex align-items-center mb-4\">\r\n                                        <a class=\"mb-0\" download href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Guide-on-the-International-Cooperation-with-the-Lebanese-Republic-in-relation-to-the-Recovery-of-Assets-Derived-from-Corruption-Crimes-Unofficial-Translation.pdf\"><img decoding=\"async\" class=\"mb-0\" style=\"width:2em\" src=\"http:\/\/nacc.gov.lb\/wp-content\/themes\/NACC\/assets\/imgs\/DownloadPDF.svg\"><\/a>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #808080;\">Guide for International Cooperation with the Lebanese Republic to Recover Assets originating from Corrupt Acts <\/p>\r\n                                    <\/div>\r\n                                                                <div class=\" wysisyg-description d-flex align-items-center mb-4\">\r\n                                        <a class=\"mb-0\" download href=\"https:\/\/nacc.gov.lb\/wp-content\/uploads\/2025\/08\/Santiago-Principles.pdf\"><img decoding=\"async\" class=\"mb-0\" style=\"width:2em\" src=\"http:\/\/nacc.gov.lb\/wp-content\/themes\/NACC\/assets\/imgs\/DownloadPDF.svg\"><\/a>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #808080;\">Santiago Principles<\/p>\r\n                                    <\/div>\r\n                                                                                                                            <div class=\"wysisyg-description d-flex align-items-center\" style=\"cursor: pointer\" onclick=\"window.open('https:\/\/star.worldbank.org\/focus-area\/asset-recovery-process', '_blank')\">\r\n                                        <i class=\"bi bi-globe mb-0\" style=\"font-size:2em !important;color:#378931\"><\/i>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #378931;\">Asset Recovery Process | Steps in Asset Recovery from Money Laundering, Corruption<\/p>\r\n                                    <\/div>\r\n                                                                <div class=\"wysisyg-description d-flex align-items-center\" style=\"cursor: pointer\" onclick=\"window.open('https:\/\/learn.baselgovernance.org\/course\/view.php?id=20', '_blank')\">\r\n                                        <i class=\"bi bi-globe mb-0\" style=\"font-size:2em !important;color:#378931\"><\/i>\r\n                                        <p class=\"ms-3 mb-0\" style=\"color: #378931;\">Course: Guidelines for the Efficient Recovery of Stolen Assets<\/p>\r\n                                    <\/div>\r\n                                                    <\/div>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/section>\r\n                    <\/div>\r\n    <\/div>\r\n<\/div>\r\n<script>\r\n    const scrollSpy = new bootstrap.ScrollSpy(document.body, {\r\n        target: '#scrollspy'\r\n    })\r\n<\/script>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"recovery-funds.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"acf":[],"_links":{"self":[{"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/pages\/3096"}],"collection":[{"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/comments?post=3096"}],"version-history":[{"count":24,"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/pages\/3096\/revisions"}],"predecessor-version":[{"id":8633,"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/pages\/3096\/revisions\/8633"}],"wp:attachment":[{"href":"http:\/\/nacc.gov.lb\/en\/wp-json\/wp\/v2\/media?parent=3096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}