'This investigation was carried out by ANEEJ, the principal monitor of disbursements of the Abacha restituted
Our fervent hope is that the perpetrators of this recent fraud will be brought to justice, prosecuted and punished for their offense, if found guilty, and the poor victims, many of them OFWs who have labored hard away from their family for a meager wage, will be restituted
for their losses.
Since the amount malversed has already been restituted
to the municipality, no civil liability was imposed upon them.
"Having considered the submissions made by Deputy DPP Dorcas Oduor, defence team and the plea bargaining I pass sentence as follows; the bank to pay a fine of Sh40 million to court and Sh24.5 million to be restituted
to NYS through the Ministry of Public Works.
The Minister suggested that, by contrast, more than 5,700 cultural goods and over 11,000 books/library items have been restituted
in Germany on a voluntary basis.
SBI had earlier filed an intervening application before the Appellate Tribunal for PMLA cases in New Delhi against the confirmation order of provisional attachments made by the ED in Kingfisher/Vijay Mallya case by the PMLA Adjudicating Authority on grounds that the banks are the sufferers and attached properties shall be restituted
to the banks against the outstanding loans.
The aim of the Washington Principles, that 'art that had been confiscated by the Nazis and not subsequently restituted
should be identified', has guided the bodies that were set up thereafter.
But it is equally important to be mindful of what exactly it takes to identify such funds and get them restituted
to the country.
Total amount to be restituted
in government coffers is US$365,000.
In addition, the head of the agricultural portfolio announced the investment of 13 billion pesos in productive projects to support families that were restituted
and that benefit 47 municipalities of Cundinamarca.
'Hence, if those allegations were adjudicated to have been committed by Lyonpo Yeshey Zimba, the ill-gotten gains too must rightfully be restituted
to the state as per law,' states the media release.
After Goering was captured, Samson and Delilah was among works recovered and restituted
to Bachstitz's estate.