US-UK extradition treaty, asset-sharing agreement Bernard Hibbitts at 8:51 PM ET
[JURIST] A transcript of remarks by US Attorney General John Ashcroft at Monday's signing ceremony in Washington DC for a new US-UK extradition agreement and a US-UK asset-sharing agreement is now online. The Attorney General said:
Our new extradition treaty will give us more flexibility and efficiency in ensuring that fugitive criminals can be brought to justice in the country whose laws they have violated and whose people and institutions they have harmed. The treaty covers criminal conduct from white collar crime and fraud, to organized crime, money laundering, and terrorism. The new treaty we are signing today should serve as a model to the world for successful and efficient cooperation in bringing international fugitives to justice.
We are also signing an asset sharing agreement this morning. It is an agreement designed to expand and enhance our joint efforts to trace and confiscate the illegal profits of criminal activity. Transnational criminal organizations threaten the safety and security of both of our nations. Whether they engage in drug trafficking or racketeering or acts of terrorism, seizing their funds and assets serves to cripple and dismantle their operations.
Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.