Tunisia: The president Kais Saied supports reconciliation to recover stolen funds
Tunisian President Kais Saied’s concern to push forward the Tunisian economy confirms that he supports the “penal reconciliation” law, in order to recover stolen funds.
This came during a meeting between Saied and Leila Jaffel, the Minister of Justice, and Sihem Boughdiri, the Minister of Finance, at the Carthage Palace.
“The provisions of the penal reconciliation law will allow the Tunisian people to recover part of their looted money, which will benefit citizens and the country,” the presidency said in a statement.
The meeting dealt with some issues related to property confiscated since the era of the late Tunisian President Zine el-Abidine Ben Ali, and cases postponed by the courts for years.
Earlier this month, Tunisian President Kais Saied called for the introduction of the penal reconciliation law, which proposes a penal reconciliation with dozens of individuals involved in economic and financial crimes.
The penal code aims to “replace the public action and its consequences by paying sums of money or completing national, local or regional projects as needed”.
On July 28, 2012, the Tunisian president estimated the value of money looted from the country at 13.5 billion dinars ($4.3 billion), reaching 460 people in cases of public funds and corruption.
The funds recovered are supposed to be used to support the Tunisian economy, development projects, and others in the interest of Tunisians.
