Vice-Minister of Justice: Lithuania consistently strengthens the system of investigation of financial crimes and asset recovery
On June 16, Vice-Minister of Justice Martynas Dobrovolskis participated in an informal conference of the Ministers of Justice of the Council of Europe in Strasbourg, which focused primarily on the fight against money laundering and financial crime.
It was stressed during discussions that criminal groups are increasingly using digital technologies, cryptoassets and international financial networks, therefore, law enforcement authorities must strengthen their capacities in financial investigations, asset tracing, and international cooperation.
“Today, our success must be measured not by the number of laws passed or reports received, but by specific results, including the assets that have been traced, frozen and confiscated, the criminal networks that have been dismantled and the damages compensated to victims,” said Vice-Minister of Justice Dobrovolskis.
The Vice-Minister emphasised that financial investigations and asset tracing must become an integral part of each investigation of a crime from the very beginning.
“We must ensure a very clear principle – crimes must not yield economic benefit, therefore, the tracing, prompt freezing and effective confiscation of assets must become just as important a part of the investigation as proving guilt,” the Vice-Minister stressed.
The conference also addressed issues such as strengthening the role of financial intelligence, the use of artificial intelligence for the analysis of large volumes of financial data, and combating money laundering in the cryptoassets sector. It was agreed that rapidly evolving financial crimes require closer cooperation of national authorities and international partners.
Lithuania is consistently strengthening the system of investigation of financial crimes and the recovery of assets with the aim of ensuring the tracing, freezing and return of criminal proceeds for public interests.
Last updated: 18-06-2026