Logo of Phnom Penh Post newspaper Phnom Penh Post - Committee to manage criminal seizures formed

Committee to manage criminal seizures formed

Content image - Phnom Penh Post
Confiscated cars sit rusting in Mondulkiri province. Photo supplied

Committee to manage criminal seizures formed

The ministries of Economy and Finance, and Justice have established a committee to manage property seized from crime, a document signed by the respective ministers said.

The “Managing Committee of Confiscated Property” is to handle the sale of items transferred from the courts after a guilty verdict has been handed down.

The committee is to be led by Kim Santepheap, secretary of state at the Ministry of Justice, with its members consisting of officials from both ministries.

Santepheap told The Post on Tuesday that the committee would only deal with property transferred from the courts after a conclusive verdict.

The committee will also have an administrative role, collecting, managing and dealing with confiscated property, holding it as court procedures continue and preparing documents for it to be put up for auction, among others tasks.

The committee can deal with confiscated property in three ways – sell it, hand it to a state institution or return it to the courts or an ad-hoc committee, states the document signed by Minister of Justice Ang Vong Vathana and Minister of Economy Aun Pornmoniroth.

It says the sale of confiscated real estate, agricultural equipment, vehicles, machinery and furniture must undergo a market price evaluation.

The document also details the bidding procedure the committee should follow. “The committee has to organise auctions for the confiscated property according to the procedure, beginning with the starting price.

“The starting price must be submitted orally or in an envelope, depending on the property and the decision of the committee,” states Section 9 of the document.

Section 16 says 89 per cent of proceeds from the sale of the property is to be transferred to the committee, 10 per cent to the state budget and one per cent to the Ministry of Economy.

The committee will use the 89 per cent as expenses in performing its duties.

Ministry of Justice spokesperson Chin Malin said the committee was formed some time ago but had been revamped and undergone changes in membership.

MOST VIEWED

  • Prince Norodom Ranariddh passes away at 77

    Prince Norodom Ranariddh, the second son of the late King Father Norodom Sihanouk and former First Prime Minister of Cambodia, has passed away in France at the age of 77. “Samdech Krom Preah Norodom Ranariddh has passed away this morning in France just after 9am Paris-time,”

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration

  • More Cambodians studying in US

    The number of Cambodian students studying at US colleges and universities in 2020-21 increased by 14.3 per cent over the previous year despite the Covid-19 pandemic, according to a recent US government report. The 2021 Open Doors report on International Educational Exchange showed that 848 Cambodian students studied

  • Banteay Meanchey gunfight sees 15 Thais arrested, three officers injured

    The Banteay Meanchey Military Police have arrested 15 Thai suspects and their accomplices after a gun battle between two Thai groups caused injuries to three police officers in the early hours of November 21, local authorities said. National Military Police spokesman Eng Hy said that according to

  • PM: Do not defile Tonle Sap swamp forest or else

    Prime Minister Hun Sen ordered police to arrest anyone – including government officials – involved with the deforestation of the flooded forests surrounding the Tonle Sap Lake because it is an area important to the spawning of many species of fish, among other reasons. Speaking in a