Answer provided by ChatGPT

It is possible for the government of a third country to seize the assets of a money launderer who made gains from their home country and then invested those gains in the third country. This typically depends on several factors, including international cooperation, the existence of mutual legal assistance treaties (MLATs), and the legal framework in place in the third country.

Here's how it might work:

1. Investigation and Evidence Sharing: If the home country becomes aware of money laundering activities and has evidence suggesting that the funds were illegally obtained, they may initiate an investigation.

2. International Cooperation: The home country may seek the cooperation of the third country's authorities to trace, freeze, and seize the assets. This cooperation can occur through various means, including diplomatic channels and existing bilateral or multilateral agreements.

3. Mutual Legal Assistance Treaties (MLATs): Many countries have signed MLATs with other nations to facilitate cooperation in criminal investigations and asset recovery. MLATs provide a legal framework for sharing information, evidence, and conducting joint investigations. If an MLAT exists between the home country and the third country, it can be a valuable tool in asset seizure and recovery.

4. Third Country's Legal Process: The third country's authorities may initiate legal proceedings to seize and forfeit the assets based on evidence provided by the home country. This process will typically involve due process and legal safeguards to ensure the rights of the individuals whose assets are being seized.

5. Asset Forfeiture: If the third country's legal system determines that the assets were obtained through money laundering or other illegal activities, they may be subject to forfeiture in that country. The assets can then be repatriated to the home country, or the two countries may work out an arrangement for sharing the proceeds.

It's important to note that the success of asset seizure and forfeiture in a third country can vary depending on the strength of international cooperation, the legal framework in place, and the willingness of the third country to cooperate. The effectiveness of such efforts also depends on the specific circumstances of each case and the evidence available.

International efforts to combat money laundering and recover assets have been strengthened over the years, with many countries and international organizations working together to combat this global issue. However, it remains a complex and challenging process, often requiring collaboration among multiple jurisdictions.