Asset Recovery

AMENDING SEC. 6 OF R.A. NO. 1379 (FORFEITURE LAW)

Senate Bill No. 1149 seeks to amend Section 6 of Republic Act No. 1379 to eliminate the 15-year prescriptive period for forfeiture cases involving unlawfully acquired property by public officials. It also increases the maximum fine for such offenses from ₱10,000 to ₱10 million, aiming to enhance accountability and deter corruption.