The secretary general of the Ministry of Security (Minseg), Jonathan Riggs, explained this Monday on Radio Panama about the domain extinction bill, which establishes a legal framework that allows the State to recover illicitly acquired assets.
He stated that, when speaking of domain extinction, one speaks of the recovery of assets in favor of the State, and it is a special mechanism of criminal prosecution that seeks to take that financial muscle from criminal organizations.
“The extinction of domain arises as a social reaction on the part of the State to be able to combat crime in a forceful way. By taking away that financial resource, they take away the oxygen that these organizations have from the power of corruption that they also generate in society, ”he said.
He indicated that this bill contemplates 94 articles, which allow in one way or another to know what the procedure is, procedural rules and resources that can be filed.
Riggs pointed out that the debate that began in the National Assembly last week allows Panamanian society to generate consensus, see the need and the scope of this law.
“It is a law that within its structure contemplates a Domain Forfeiture Prosecutor’s Office, a judge and a collegiate court made up of three magistrates,” he specified.
