Can government examine bank deposits and finances, and seize, sequester or freeze assets of persons suspected or charged under the HSA?
A. Yes. Under Section 27, bank deposits and finances may be examined if judicially authorized. Under Section 39, assets of (1) any person suspected of or charged with terrorism or conspiracy to commit terrorism before a competent regional trial court, (2) a judicially declared terrorist organization, and (3) members of a judicially declared terrorist organization “shall be seized, sequestered and frozen in order to prevent their use, transfer or conveyance for purposes that are inimical to the safety and security of the people or injurious to the interest of the State.” Unlike Section 27 however, Section 35 does not expressly require judicial authorization and is silent on which office or agency may authorize and implement such seizure, sequestration or freezing of assets.
Related Questions
- Who authorizes government’s inquiries into bank deposits and finances of terrorism suspects or members of outlawed terrorist organizations or outlawed terrorist organizations?
- Is it true the Government have used anti-terrorist legislation to freeze the assets of the Icelandic banks?
- How safe are bank term deposits? Does the Government guarantee them?
