BREAKING NEWS

China says to look at corrupt asset seizures with US

By REUTERS

SEPTEMBER 26, 2015 06:54

BEIJING - China and the United States will look at the mutual recognition and enforcement of seizure orders for dirty assets which have been taken abroad by corruption suspects, China's Foreign Ministry said on Saturday after a presidential summit.

China and the United States would push forward with the handling of agreed upon "important corruption cases, the ministry said in a statement released after the meeting between President Xi Jinping and President Barack Obama.

Cooperation would focus on evidence exchanges, looking for suspects' assets, deportation of corruption suspects and illegal immigrants and other areas, the foreign ministry said.

"On the issue of recovering dirty assets, both sides agreed to exchange views on the mutual recognition and enforcement of confiscation judgments," it said.

The statement did not mention any details or specific cases.

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