Mrs. Dabiri - Erewa, who
said asset recovery was different from asset returning, decried the uncooperative attitude of the countries where stolen funds are stashed.
Not exact matches
He also cited a single late payment in July as being one of the key causes of LeEco's cash - flow problems,
saying it led to the freezing of his
assets and prompted a slew of early loan
recoveries.
«With the US labor market
recovery gaining momentum, the hope for stronger global growth in 2014 is motivating investors to take on risk,»
said Kathy Lien, managing director of FX Strategy at BK
Asset Management.
In its October review, the agency
said the NPLs — comprising corporate, interbank and private loans — and the banking sector's «exceptionally weak
asset quality [are] a key weakness for Cyprus's credit profile and [represent a] material downside risk to the
recovery.»
«Given the sanctions the country is also facing, any
recovery in the ruble and domestic
assets could be short lived,» he
said.
Meanwhile, the president Buhari's Special Assistant on Media and Publicity, Garba Shehu in a Facebook post
said «records will be obtained from the CBN and the investigation agencies regarding
recovery and seizures, and actual status with regard to frozen sums in banks and
assets held wherever they are.»
«Corruption freezes development, thereby undermining the achievement of the Sustainable Development Goals,» he
said, citing his own Government's efforts to combat the scourge, including the significant
recovery of stolen
assets which are then channelled towards the development of critical infrastructure and the implementation of social inclusion programmes.
«Nigeria will continue to advocate for the facilitation of the
recovery of illicit financial
assets,» Mr. Buhari
said, calling on those States that have yet to sign up to UNCAC to do so.
According to the Presidential Advisory Committee Against Corruption (PACAC) Chairman Itse Sagay, during a media conference on
asset recovery and
asset return in Abuja,
said the government wanted an unconditional return of the country's stolen wealth.
But while speaking today, Buhari who acknowledged a sizeable amount of funds have been recovered
said, «We are also engaged in making
recoveries of stolen
assets some of which are in different jurisdictions.
The group
said in a communique that the members resolved to deepen collaboration on
asset tracking and
recovery.
DiNapoli, sole trustee of the fund,
says there was some
recovery while markets remain challenging across all
asset classes.
If funds of a particular type have
recovery times of,
say, 18 - 24 months, then (1) it would be foolish to use them for
assets you might need in less than 18 - 24 months and (2) it would be foolish to panic if it takes them 18 - 24 months to recover.
We'll provide a more full discussion of where we went wrong with these stocks at a later date, but suffice it to
say for present purposes that all were errors from the second bullet point in the Greenbackd's valuation methodology section above (i.e. overly optimistic estimates for the
recovery rates of
assets in liquidation).
«Many businesses in this country understand the social and environmental impacts of e-waste exporting and have policies that forbid it for their old electronic equipment,»
said Robert Houghton, CEO of Redemtech, an electronics recycler and
asset recovery firm.
Mark Osgood, partner and head of
asset recovery,
said; «Chris» breadth of experience will bolster our already strong team as we continue to grow our work in dispute resolution across the South of England.»
He
said the Obama administration's plan to snatch up soured loans and toxic
assets could free up the credit markets and spur a
recovery for the legal industry.
Mark Osgood, partner and head of
asset recovery at Moore Blatch,
said: «We're extremely proud of what Escalate has achieved since its launch at the start of the year.
Ferroni
says investors are disposing of U.S.
assets purchased at the onset of the
recovery cycle and taking capital gains.
«In the past couple of years, as the real estate market as a whole has «reflated,» there has been some
recovery in the pricing of retail
assets,» he
says.
«We have great faith in America's potential and the long - term
asset value of housing, which is continuing its
recovery and has yet to regain its full potency,»
said Mr. Thomson.
«For new deals and investors without legacy
assets, the new housing environment should be framed in terms of more typical, moderate rates of growth with tempered optimism for the ongoing housing
recovery,» Villacorta
said.
Debbie DeMatteo, co-founder and chief investment officer of 10 - 15 Associates, which manages $ 400 million in client
assets in Goshen, New York,
said she steers real estate - hungry clients into ancillary investments like homebuilder stocks if they are looking for ways to play real estate without betting on a nationwide robust
recovery.