The draft State Assets Recovery Bill 2016 envisages non-conviction based, civil recoveries of property over $10m with a 12-year limitation period and wide powers will be available to the agency to be set up under the law to gather information.
According to an advertisement in today’s Stabroek News, a consultation on the bill will be held on August 11th at 9 am at the Pegasus Hotel. The draft bill is on the website of the Ministry of Legal Affairs at http://www.legalaffairs.gov.gy/images/pdf/Draft_State_Assets_Recovery_Bill_2016.pdf.
With the government having established
