EACC Strategy To Trace, Recover Stolen Assets Hidden Abroad

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DOHA, Qatar — The Ethics and Anti-Corruption Commission (EACC) has underscored the need for stronger global collaboration to trace and recover assets stolen and concealed in foreign jurisdictions, emphasizing that international cooperation is vital for effective anti-corruption measures.

Speaking at a high-level panel during the 11th Conference of the State Parties to the United Nations Convention Against Corruption (UNCAC) in Doha, CEO Abdi Mohamud said that cross-border partnerships remain the backbone of successful asset recovery initiatives.

“Recovering assets hidden abroad largely depends on robust international collaboration,” Mohamud said. “Our partnerships with institutions such as the International Anti-Corruption Coordination Centre (IACCC) and the Basel Institute’s International Centre for Asset Recovery (ICAR) have been instrumental in returning significant assets recovered in corruption cases handled by the Commission.”

EACC CALLS FOR ENHANCED GLOBAL COOPERATION IN ASSET RECOVERYThe Ethics and Anti-Corruption Commission (EACC), represented by its CEO, Mr. Abdi Mohamud, has called for stronger international cooperation to enhance the tracing and recovery of assets stolen and concealed in

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The EACC chief highlighted the need for strategic resource allocation to strengthen the capacity of Central Authorities and officers involved in complex international asset recovery operations.

He also called for systemic reforms, including the establishment and strengthening of centralized beneficial ownership registries with strong verification protocols, interoperability, and mechanisms for international information sharing.

These tools, he explained, are essential for uncovering hidden assets and expediting the repatriation of illicit financial flows across borders.

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Mohamud noted that Kenya’s active participation in global forums like UNCAC reinforces the country’s commitment to fighting corruption both domestically and internationally.

“By engaging with global partners, we are able to strengthen legal and institutional frameworks that ensure accountability and recover public resources diverted through corrupt practices,” he said.

Anthony Kinyua
Anthony Kinyua
Anthony Kinyua brings a unique blend of analytical and creative skills to his role as a storyteller. He is known for his attention to detail, mastery of storytelling techniques, and dedication to high-quality content.

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