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Justice: Why corruption money cannot be confiscated - Reporter.lu

Summary by Reporter.lu
A Luxembourg court orders the restitution of 220 million dollars linked to a fraudulent armament contract. Confiscation without criminal conviction for corruption cases is not provided for by law. Liability is political. The case of the "Taiwan frigates", with its hundreds of millions of dollars of commissions passed by Luxembourg banks, could make lie the universal doxa according to which "the crime does not pay". An executive judgment of a Tai…
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Justice: Why corruption money cannot be confiscated - Reporter.lu

A Luxembourg court orders the restitution of 220 million dollars linked to a fraudulent armament contract. Confiscation without criminal conviction for corruption cases is not provided for by law. Liability is political. The case of the "Taiwan frigates", with its hundreds of millions of dollars of commissions passed by Luxembourg banks, could make lie the universal doxa according to which "the crime does not pay". An executive judgment of a Tai…

·Luxembourg District, Luxembourg
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Reporter.lu broke the news in Luxembourg District, Luxembourg on Wednesday, February 26, 2025.
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