Asset Recovery: Reclaiming Illicit Wealth for Public Good

Asset recovery is a key pillar in the fight against corruption, ensuring that stolen or illicitly acquired wealth is identified, seized, and returned to the state for the benefit of the public. At , we are committed to tracing and recovering assets obtained through corruption, fraud, and other financial crimes.

Why Asset Recovery Matters

 Deters Corruption

The knowledge that illicit wealth can be seized discourages public officials and private entities from engaging in corrupt activities.

Restores Public Funds

Recovered assets can be reinvested in essential sectors such as healthcare, education, and infrastructure, directly benefiting citizens.

Strengthens Rule of Law

Successful asset recovery demonstrates that no one is above the law and reinforces the principles of justice and accountability.

Fulfills International Commitments

Asset recovery aligns with global anti-corruption frameworks such as the United Nations Convention Against Corruption (UNCAC), promoting cross-border collaboration.

Our Asset Recovery Approach

Asset Tracing & Investigation – Identifying and tracking illicit wealth locally and internationally.
Freezing & Seizure – Temporarily restricting access to suspicious assets to prevent their disposal.
Confiscation & Forfeiture – Legally transferring illicit assets to the state.
Repatriation of Assets – Recovering funds stashed in foreign jurisdictions through cooperation with international bodies.
Public Awareness & Reporting Mechanisms – Encouraging citizens to report suspicious wealth accumulation.

At the Liberia Anti-Corruption Commission (LACC), we remain steadfast in our mission to recover stolen assets and ensure they are used for national development.

For more information on our asset recovery efforts or to report suspicious assets, visit lacc.gov.lr