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

People’s Bank expands MSME business volume to Rs. 20.8 bn in 2025

People’s Bank Sri Lanka has expanded its Micro, Small and Medium Enterprise (MSME) business...

17th National Victory Day commemoration to be held today

The 17th National Victory Day Commemoration Ceremony, marking the defeat of terrorism in Sri...

Army restores bridge linking Galaha Hospital and town after heavy rains

Army troops have restored access to Galaha Hospital and the surrounding Galaha town area...

Kapila Chandrasena: CCTV footage obtained from houses neighbouring Aravinda’s residence

The Colombo Crimes Division (CCD) has taken into custody CCTV footage from two houses...

More like this

17th National Victory Day commemoration to be held today

The 17th National Victory Day Commemoration Ceremony, marking the defeat of terrorism in Sri...

Army restores bridge linking Galaha Hospital and town after heavy rains

Army troops have restored access to Galaha Hospital and the surrounding Galaha town area...

Kapila Chandrasena: CCTV footage obtained from houses neighbouring Aravinda’s residence

The Colombo Crimes Division (CCD) has taken into custody CCTV footage from two houses...