HomeNewsCabinet 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

No Decision Yet to Remove Fuel QR Code System – CPC

The Chairman of the Ceylon Petroleum Corporation, D.J. Rajakaruna, said that no decision has...

Seat Belts Law: Another Grace Period for Orlder Vehicles

The mandatory seat belt regulation for vehicles travelling on Sri Lanka’s expressways came into...

BOC Promotes QR Payments Through Islandwide Digital Drive

The Bank of Ceylon (BOC) successfully conducted its islandwide digital promotion programme across all...

Seat Belt Rule Enforced on Expressways; Fines for Violators from 19 June

Drivers and passengers travelling on Sri Lanka’s expressways are now required to wear seat...

More like this

No Decision Yet to Remove Fuel QR Code System – CPC

The Chairman of the Ceylon Petroleum Corporation, D.J. Rajakaruna, said that no decision has...

Seat Belts Law: Another Grace Period for Orlder Vehicles

The mandatory seat belt regulation for vehicles travelling on Sri Lanka’s expressways came into...

Seat Belt Rule Enforced on Expressways; Fines for Violators from 19 June

Drivers and passengers travelling on Sri Lanka’s expressways are now required to wear seat...