Nizahera showcases Kuwait's efforts in tracking criminal proceeds and asset recovery at international meeting in Vienna

Nada Abunasser: The Public Authority for Combating Corruption (Nizaha), representing the State of Kuwait, is participating in the work of the twentieth session of the Intergovernmental Working Group on Asset Recovery in Vienna, as part of the meetings of the working groups of the United Nations Convention against Corruption, outlining Kuwait’s efforts to combat corruption, trace illicit proceeds, and recover assets. Fatima Al-Balushi, the Asset Recovery Follow-up and Whistleblower Protection Observer at Nizaha, emphasized the importance of financial investigations, institutional cooperation, and information exchange, highlighting cooperation with the Kuwait Financial Intelligence Unit, the development of automated linkages with relevant national law enforcement agencies, and the role of the financial disclosure system in supporting investigations and detecting unjustified increases in wealth. Kuwait also stressed the importance of strengthening capacities in financial analysis, tracing financial flows, and identifying beneficial owners, as well as developing international cooperation in asset recovery, thereby enhancing the integration between anti-corruption prevention efforts and anti-money laundering measures, and reflecting its commitment to continue developing its national system for protecting resources and reinforcing trust in institutions.