Crime assets soar, victims still waiting :: Mmegi Online

While the Office of the Receiver is grappling with a growing influx of seized crime assets, victims of crime are yet to see a single thebe from the swelling Confiscated Assets Trust Fund.

This was revealed by the Minister of Justice and Correctional Services Nelson Ramaotwana, recently in his Committee of Supply speech. Ramaotwana revealed that despite the fund ballooning from P10.4 million to P43.8 million, driven largely by a major forfeiture exceeding P32 million in January 2026, no compensation has been disbursed, with authorities still finalising guidelines for payouts.

“Claims received are still undergoing assessment, adding that the fund will also support rehabilitation and training initiatives for law enforcement agencies,” he said, At the same time, he said the Office is pushing for a significantly increased budget of P25.1 million for the 2026/2027 financial year, a 39 percent jump, citing mounting pressure from rising caseloads and operational challenges.

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Crime assets soar, victims still waiting

While the Office of the Receiver is grappling with a growing influx of seized crime assets, victims of crime are yet to see a single thebe from the swelling Confiscated Assets Trust Fund.

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