The Central Asset Recovery Office (GCRA) recovered five billion meticais (around 78.4 million dollars) in the period from 2020 to the present, as a result of the seizure of financial, movable and immovable assets resulting from criminal activities.

The information was provided this Monday in Maputo by the spokesman for the first National Meeting of the Central Asset Recovery Office, Sérgio Macuácua.

Of the financial assets recovered since the creation of the Office, according to the spokesperson, quoted by AIM, it appears that in 2020, the amount recovered was 614.9 million meticais.

In 2021, the GCRA recovered 734,571,308.22Mt (seven hundred and thirty-two million, five hundred and seventy-one thousand, three hundred and eight meticais, twenty-two cents).

In 2022, the Public Prosecutor's Office managed to recover 1.1 billion meticais. While in the period from January to October this year, the amount recovered corresponds to 1.3 billion meticais.

"The Central Asset Recovery Office has the task of tracing, investigating and locating assets, and the crime must be catalog, crimes that have to do with corruption, money laundering and terrorist financing," said the source.

According to the Public Prosecutor's Office, the levels of recovery of movable, immovable and financial assets have improved considerably as a result of the government's efforts to get off the "gray list", which includes countries with low rates of asset recovery, according to the Financial Action Task Force (FATF).

The real estate that resulted from the criminal action, which was occupied by tenants paying the rent, was seized and the valuables are being managed by the Asset Management Office.