Forfeited assets managed by the Ministry of Business, Innovation and Employment.

Cherie Kara made this Official Information request to Ministry of Business, Innovation & Employment

The request was successful.

From: Cherie Kara

Dear Ministry of Business, Innovation & Employment,

CC National Manager Financial Crime Group, New Zealand Police

On 1 December 2021, the Criminal Proceeds (Recovery) Act 2009 will have been in force for 8 years. The dividing line from its predecessor, the Proceeds of Crime Act 1991, is that a conviction is no longer required for forfeiture.

Forfeiture orders are made through the High Court and the forfeited assets are managed by the Ministry of Business, Innovation and Employment. When money is recovered, either through cash or the sale of recovered assets, it goes into the “hypothecated fund” where it is redistributed to institutions that target the drivers of drug and organised crime. According to the Asset Recovery Unit applications can be made for the money by several government agencies and are approved by the Cabinet.

I would like to request some information about the use of the the Criminal Proceeds (Recovery) Act 2009 and the redistribution through the "hypothecated fund" in the eight years since it came into effect.

1. For each of the years 2017-2021, the number of restraint and forfeiture orders that were successful.
2. For each of the years 2017-2021, the money value of restraint and forfeiture orders that were successful.
3. For each of the years 2017-2021, the money value of restraint and forfeiture orders that were re-distributed through the "hypothecated fund” to institutions that target the drivers of drug and organised crime.
4. For each of the years 2017-2021, specifically which government agencies / institutions that target the drivers of drug and organised crime were successful in their application for this "hypothecated fund” and approved by Cabinet

I would prefer to receive an electronic response. Queries about this request will be automatically forwarded to me by the fyi.org.nz website.

With regards to s12 of the OIA, I am an NZ citizen and in NZ.

Yours faithfully,

Cherie Kara

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From: Ministerial Services
Ministry of Business, Innovation & Employment

Ref: 2122-1525

 

Dear Cherie,

 

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 2 February 2022 requesting under the Official
Information Act 1982 (the Act), the following:

 

“I would like to request some information about the use of the the
Criminal Proceeds (Recovery) Act 2009 and the redistribution through the
"hypothecated fund" in the eight years since it came into effect.

 

1. For each of the years 2017-2021, the number of restraint and forfeiture
orders that were successful.

2. For each of the years 2017-2021, the money value of restraint and
forfeiture orders that were successful.

3. For each of the years 2017-2021, the money value of restraint and
forfeiture orders that were re-distributed through the "hypothecated fund”
to institutions that target the drivers of drug and organised crime.

4. For each of the years 2017-2021, specifically which government agencies
/ institutions that target the drivers of drug and organised crime were
successful in their application for this "hypothecated fund” and approved
by Cabinet

 

I would prefer to receive an electronic response. Queries about this
request will be automatically forwarded to me by the fyi.org.nz website.

 

With regards to s12 of the OIA, I am an NZ citizen and in NZ.”

 

Your request is being processed in accordance with the Act and a response
will be sent to you in due course.

 

If you have any enquiries regarding your request, or its urgency, feel
free to contact us via email at [1][MBIE request email].

 

Nâku noa, nâ

MINISTERIAL SERVICES

               

Ngâ Pou o te Taumaru

Ministry of Business, Innovation and Employment

Level 4, 15 Stout Street, PO Box 1473, Wellington 6140

NZBN 9429000106078

 

[2]www.govt.nz - your guide to finding and using New Zealand government
services

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References

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1. mailto:[MBIE request email]
2. http://www.govt.nz/

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From: *OIA
Ministry of Business, Innovation & Employment


Attachment DOIA 2122 1525 Cherie Kara partial transfer letter notification to requester.pdf
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Dear Cherie,

Please find attached letter regarding your request for information.

Ngâ mihi,

Ministerial Services

Te Whakatairanga Service Delivery
Ministry of Business, Innovation and Employment

15 Stout Street, Wellington 6011 | PO Box 1473, Wellington 6140

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From: OIA@justice.govt.nz


Attachment Picture Device Independent Bitmap 1.jpg
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Kia ora Ms Kara,
 
Your request for information has been partially transferred to the
Ministry of Justice from The Ministry of Business, Innovation and
Employment on the 03/02/2021.
 
The parts of your request that we will be responding to are below:
 
“For each of the years 2017-2021, the money value of restraint and
forfeiture orders that were re-distributed through the "hypothecated fund”
to institutions that target the drivers of drug and organised crime.”
 
“For each of the years 2017-2021, specifically which government agencies /
institutions that target the drivers of drug and organised crime were
successful in their application for this "hypothecated fund” and approved
by Cabinet”
 
This has been forwarded onto the relevant business unit to respond to.
 
You can expect a response by 04/03/2022.
 
Ngâ mihi

 
Ministerial Relations and Services
  Strategy, Governance and Finance
DDI: +64 4 918 8800
[1]www.justice.govt.nz

 
 
 

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Link to this

From: *OIA
Ministry of Business, Innovation & Employment


Attachment DOIA 2122 1525 Cherie Kara response.pdf
255K Download View as HTML


Dear Cherie,

Please see attached letter in response to your request for information.

Ngâ mihi,

Ministerial Services

Te Whakatairanga Service Delivery
Ministry of Business, Innovation and Employment

15 Stout Street, Wellington 6011 | PO Box 1473, Wellington 6140

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Link to this

From: Media


Attachment image001.jpg
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Attachment OIA 93332 Kara signed.pdf
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Attachment OIA 93332 Kara attachment.pdf
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Kia ora,

 

Please see attached response to your OIA request.

 

Thanks,

Media Team

Communications Services
Ministry of Justice | Tāhū o te Ture

P +64 4 918 8836

[1][email address] | [2]justice.govt.nz

 

 

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1. mailto:[email address]
2. http://www.justice.govt.nz/

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