Financial Crime World

Vanuatu’s War on Financial Crimes: Types of Financial Offences Exposed

The Integrity and Commercial Crime Unit (ICCU) within the Office of the Public Prosecutor (OPP) has been at the forefront of combating financial crimes in Vanuatu since its establishment in 2017. The unit is staffed by three specialized prosecutors who work tirelessly to prosecute serious and complex financial crimes, including money laundering and corruption cases.

Primary Focus

ICCU’s primary focus is on:

  • Prosecuting serious and complex financial crimes
  • Engaging in asset recovery efforts, involving the restraint, seizure, and management of assets acquired through criminal activities

Laws Enforced by ICCU

The Penal Code Act (Chapter 135) and the Proceeds of Crime Act (Chapter 284) are the primary laws enforced by ICCU. The unit also deals with:

  • Statutory offences
  • International cooperation in criminal matters, including:
    • Facilitating incoming and outgoing requests for mutual legal assistance
    • Extradition, as outlined in the Mutual Assistance in Criminal Matters Act (Chapter 285) and the Extradition Act No. 16 of 2002

Investigations and Asset Recovery

In addition to its primary focus, ICCU has been tasked with investigating offenses arising from Commissions of Inquiry (COI), established under the Commissions of Inquiry Act (Chapter 85). As part of this effort, an arrangement has been made between the Vanuatu Police Force and the OPP to second police officers to the OPP for the purpose of investigating cases related to COI reports. Currently, the following police officers are seconded from the VPF to support ICCU’s efforts:

  • Senior Inspector Harris Yoan
  • Corporal Kevin Kerry Boe
  • Constable Kristy Ben

Conclusion

These developments highlight Vanuatu’s commitment to tackling financial crimes and protecting its citizens from the scourge of corruption and money laundering. As the country continues to strengthen its legal framework and cooperate with international partners, it is clear that ICCU will play a crucial role in ensuring justice and stability in the region.