Tighter laws to seize drug money, property
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Sri Lanka, Sept. 16 -- Laws pertaining to the Money Laundering Act and the Financial Transactions Reporting Act will be amended to confiscate money and other property amassed by drug barons now in custody.
Senior officials of the Attorney General's Department, senior Police officers and other relevant state institutions held discussions with Prime Minister Mahinda Rajapaksa with regard to measures needed to be taken with regard to illegally obtained money and property including through drug rackets The meeting was held at Temple Trees.
During the discussions attention was drawn towards persons continuing to utilize illegally earned money, vehicles, property, houses and buildings obtained through illegal means, even after being arrested ...
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