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Mr. Roh sponsored bills on investigating collaborators and confiscating assets acquired under the Japanese colonial government.
Last month, the National Assembly passed a bill extending the statute of limitations on confiscating assets from public officials who have failed to pay fines.
As drafted, the legislation would adopt American-style reporting requirements for most banking and stock market transactions, as well as procedures for confiscating assets and prosecuting bankers.
Even if the tax ministry's payment demand is approved, it cannot begin to enforce the order until last month's ruling prohibiting it from confiscating assets from Yukos is lifted.
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(AP) CHINA: MEDITATION GROUP'S ASSETS SEIZED Authorities in northern China have confiscated assets worth millions of dollars from a banned meditation group, including schools, businesses and a sanitarium, a rights group based in Hong Kong said.
It will be allowed to freeze and confiscate assets in cases of suspected wrongdoing.
Nor pledge to confiscate assets and companies without compensation – that would hit investment confidence and pensions.
The EFCC claimed that it had obtained about 250 convictions and recovered about $4 billion in confiscated assets and fines.
Mr Reich helped draw up the 1996 Helms-Burton law that strengthened American sanctions against foreign companies doing business with confiscated assets in Cuba, among them Bacardi's competitors.
Smith defended plans to confiscate assets on arrest: "At the moment, we seize quite a large number of assets from drug dealers, but at the point of conviction.
And the money laundering law allows the court to confiscate assets and accounts to recover the losses the bank sustained, money that the Western-funded Afghan government had to cover.
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CEO of Professional Science Editing for Scientists @ prosciediting.com