DR1 Daily News - Dominican Republic

The Dominican government announced on Thursday, 23 January 2025 that it has initiated the assessment of approximately 6,000 assets, including real estate and personal property, seized in operations against money laundering, drug trafficking, corruption, and other serious crimes, Diario Libre reports. These assets, which are set to be auctioned, include furniture, real estate, vehicles, aircraft, and precious jewelry, among other “items of great economic value.”

The announcement was made at a press conference at the headquarters of the National Treasury by Treasurer Luis Rafael Delgado Sánchez and Manuel Oviedo Estrada, executive director of the National Institute for the Custody and Administration of Seized, Confiscated and Forfeited Assets (Incabide). The two officials signed an inter-institutional agreement to ensure the security and preservation of these...