The executive vice president of the Association of Industries of the Dominican Republic (AIRD), Circe Almanzardeclared this Monday that this sector is concerned that the bill from Domain Extinctionif it is approved as proposed, affect foreign investment, for which he recommended delimiting its scope and specifying on which crimes it will be based to recover illicitly acquired assets, such as, for example, corruption, human trafficking, money laundering. assets and drug trafficking.
He clarified that this piece covers all sectors, public and private, that could obtain goods illegally.
“As the bill It is so broad, what we have been analyzing with the bicameral commission, some aspects that can prevent there from being too broad that could affect the investment climate, as can happen with activities that are very broad,” he said.
He favored limiting the non-retroactivity of the law to when successors inherit assets acquired illegally. He stressed that the project does not apply only to the public sector, but to any sector that obtains goods illegally.
Assets Subject to Civil Forfeiture
One of the bills of Domain Extinction, object of study, presented by Senator Milciades Franjul, indicates, in article 9, among the assets subject to civil forfeiture of illicit assets, those acquired as a result of an unjustified increase in assets, those that are considered as the object of the illicit act, even if a sentence has not been pronounced; also those intended to hide or mix property proceeds of crime and when they are used to commit crimes by a third party.
