The ministries of Economy and Finance, and Justice have established a committee to manage property seized from crime, a document signed by the respective ministers said.

The “Managing Committee of Confiscated Property” is to handle the sale of items transferred from the courts after a guilty verdict has been handed down.

The committee is to be led by Kim Santepheap, secretary of state at the Ministry of Justice, with its members consisting of officials from both ministries.

Santepheap told The Post on Tuesday that the committee would only deal with property transferred from the courts after a conclusive verdict.