Asset forfeiture programs: Justice and Treasury should determine costs and benefits of potential consolidation : report to the Ranking Member, Committee on the Judiciary, U.S. Senate.

Asset forfeiture programs: Justice and Treasury should determine costs and benefits of potential consolidation : report to the Ranking Member, Committee on the Judiciary, U.S. Senate.

by U.S. Government Accountability Office

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Overview

"
Both Justice and Treasury operate separate asset forfeiture programs that are designed to prevent and reduce crime through the seizure and forfeiture of assets that represent the proceeds of, or were used to facilitate, federal crimes. Annually, participating agencies within Justice and Treasury seize millions of dollars in assets as a result of their law enforcement activities. In fiscal year 2011, the combined value of assets in these two programs was about $9.4 billion. Beginning in 1988 and through 2003, Congress and GAO have called on Justice and Treasury to consolidate management activities between their programs. GAO was asked to assess the extent to which Justice and Treasury have assessed and acted on opportunities to coordinate or consolidate forfeiture property management activities since 2003 to reduce any duplication and achieve cost savings. GAO interviewed officials to determine actions under way or completed to consolidate their management activities. GAO also analyzed IT asset tracking systems functions and the geographic proximity of contracted facilities that store vehicles, vessels, and aircraft.
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Product Details

ISBN-13: 9781974258468
Publisher: CreateSpace Publishing
Publication date: 08/08/2017
Pages: 34
Product dimensions: 8.50(w) x 11.00(h) x 0.07(d)

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