website hit counter
Tuesday, March 24, 2026
Tuesday, March 24, 2026

spot_imgspot_img
HomeNewsCabinet Approves Draft Bill on Property Earned from Crime

Cabinet Approves Draft Bill on Property Earned from Crime

Cabinet Approves Draft Bill on Property Earned from Crime

spot_img

The Cabinet of Ministers has approved the submission of a draft bill on property earned from criminal activities to Parliament for its concurrence. The approval was granted following a proposal by the Minister of Justice and National Integration at the Cabinet meeting on 9 December 2024, Cabinet Spokesperson Nalinda Jayatissa said.

The minister made this remark during the weekly Cabinet media briefing.

The draft bill, prepared by the Legal Draftsman with clearance from the Attorney General, aims to address the issue of assets acquired through criminal means. The proposed legislation is intended to strengthen legal measures for identifying, seizing, and managing such property.

The draft will now be published in a government gazette notification before being formally submitted to Parliament for debate and approval.

spot_img

Latest articles

Trump postpones military strikes on Iranian power plants

President Donald Trump said on Monday the U.S. has had good and productive conversations...

Asia Asset Finance marks International Women’s Day with community celebration

Asia Asset Finance PLC marked International Women’s Day 2026 with a community-focused event held...

Iran ready to supply oil to SL, thanks Colombo for aiding sailors

At a press conference held at the Embassy of the Islamic Republic of Iran...

Govt absorbs Rs. 20 bn monthly cost on fuel – Minister

The Government is bearing a monthly cost of approximately Rs. 20 billion by limiting...

More like this

Trump postpones military strikes on Iranian power plants

President Donald Trump said on Monday the U.S. has had good and productive conversations...

Iran ready to supply oil to SL, thanks Colombo for aiding sailors

At a press conference held at the Embassy of the Islamic Republic of Iran...

Govt absorbs Rs. 20 bn monthly cost on fuel – Minister

The Government is bearing a monthly cost of approximately Rs. 20 billion by limiting...