Transparency for Assets Stolen by Corrupt Governments and Recovered
This law aims to increase transparency regarding money and property recovered by the United States that was stolen by corrupt foreign governments. Citizens will be able to see how much money has been recovered and its origin, which can help ensure these funds are accounted for and potentially returned to the affected people.
Key points
The Department of Justice must publicly account for all assets recovered from foreign government corruption.
This information will be available on the Department of Justice website, including the country's name and the total recovered amount.
The website will be updated within 14 days of any new asset recovery, unless it compromises an ongoing investigation.
Congress believes recovered assets should be returned to the people harmed by corruption in a transparent and effective manner.
Expired
Additional Information
Print number: 117_S_2010
Sponsor: Sen. Blumenthal, Richard [D-CT]
Process start date: 2021-06-10