Tunisia Moves Forward with Legislation to Strengthen Confiscation and Recovery of Illegally Acquired Assets

The Tunisian Government is taking significant steps to strengthen the process of confiscating and recovering illegally acquired assets, with new legislation now being finalized.

During a Cabinet meeting at the Kasbah Palace on Wednesday February 12, Prime Minister Kamel Maddouri outlined the importance of improving the management of seized properties, stressing that effective procedures were essential to ensure the preservation and optimal use of these assets.

The draft legislation aims to simplify the current legal complexities surrounding asset confiscation, addressing the inefficiencies caused by multiple oversight committees and weak governance frameworks. It will also seek to align Tunisia’s practices with international anti-corruption standards, ensuring a more streamlined and transparent process for managing seized assets.

This initiative builds upon decisions made in a ministerial meeting in November 2024, which focused on enhancing state management of confiscated properties. Prime Minister Maddouri has instructed government officials to finalize the legislation, which is set to be submitted to the Council of Ministers for approval in the coming weeks.

About Khalid Al Mouahidi 4622 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network