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Consider the following statements regarding Asset Recovery Interagency Network–Asia Pacific (ARIN-AP)
It is a prominent multi-agency network dedicated to tackling crime proceeds across the Asia-Pacific region.
The Central Bureau of Investigation (CBI) is the nodal agency for India in this network.
Which of the statements given above is/are correct?
1 only
2 only
Both
None
Only statement 1st is correct.
About Asset Recovery Interagency Network–Asia Pacific (ARIN-AP)
It was established to facilitate cross-border collaboration on asset tracing, freezing, and confiscation.
The aim of ARIN-AP is to increase the effectiveness of members’ efforts in depriving criminals of their illicit profits on a multi-agency basis by establishing itself as the center of professionals’ network in tackling the proceeds of crime.
The network includes 28 member jurisdictions and nine observers, serving as an informal yet robust framework within the CARIN, or Camden Asset Recovery Inter-Agency Network.
ARIN-AP operates through a network of contact points, enabling effective communication and intelligence exchange among member agencies, and of more than 100 jurisdictions in the CARIN Network.
The Directorate of Enforcement (ED) is the nodal agency for India in this network.
Hence option 1st is correct.
By: Shubham Tiwari ProfileResourcesReport error
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