After the Senate passed the Extinction of Domain Bill this week, the media has begun to share details on the legislative piece that penalizes the acquisition of illicit assets. The legislation allows the forfeiture of the assets of the incriminated persons in the Dominican Republic and abroad.
The bill was sent to the Presidency for enactment. It includes a clause that gives a year grace period to train the judges and judicial staff and that allows for further amendments prior to its application.
The bill is specific to which cases will be subject to its clauses. These are:
Illicit trafficking of drugs and controlled substances
Any offense related to terrorism and terrorist financing
Smuggling of human beings, including illegal aliens
Trafficking in persons, including sexual exploitation of minors
Child pornography
Smuggling of human organs
Illicit trafficking in arms
Kidnapping
Extortion, including those related to electronic recording and filming by individuals or legal entities
Counterfeiting of currencies, securities or titles
Fraud against the State, embezzlement, extortion, bribery, bribery, influence peddling, malfeasance and crimes committed by public officials in the exercise of their functions.
Transnational bribery
Tax offenses
Aggravated fraud
Smuggling
Piracy and product piracy
Intellectual property crime
Environmental crime
Counterfeiting and piracy
Contracted deaths
Unjustified enrichment
Forgery of public documents
Counterfeiting and adulteration of medicines, food and beverages
Illicit trafficking of art or archeological pieces of historical and cultural heritage
Financial crimes
High-tech crimes and offenses
Misuse of confidential or privileged information
Read more in Spanish:
Hoy
Diario Libre
Hoy
El Caribe
28 July 2022