The Supreme Court of Justice (TSJ) and the Public Ministry (MP) established joint lines of work on the Organic Law of Asset Forfeiture, sanctioned in April of this year, refers to a press release from the TSJ on your website.
During the meeting, held at the headquarters of the high court, magistrate Henry José Timaure Tapia, second vice president of the TSJ and president of the Civil Cassation Chamber, indicated that the objective was to prioritize and learn about the guidelines related to the Organic Law of Extinction of Domain, whose purpose is to establish mechanisms that allow the identification, location and recovery of assets and patrimonial effects, through the activation of civil courts designated to hear the causes of extinction as part of the fight waged by the Venezuelan State against corruption.
Present for the MP were Dr. Milagros Salcedo, General Director of Legal Services; Dr. Fernando Silva, general director against Organized Crime and Dr. Ángel Fuenmayor, general director against Corruption.
As will be remembered, the Constitutional Chamber of the TSJ, through ruling No. 0315-2023 with a presentation by the president of the high court, magistrate Gladys María Gutiérrez Alvarado, declared the constitutionality of the organic nature of the Organic Law on Asset Forfeiture.
This new regulation has among its purposes to increase the effectiveness of the State’s action against corruption, organized crime, financing of terrorism, money laundering and illicit trafficking of psychotropic substances, among others.
