Proceeds of Crime
(asked on 26th February 2018) - View Source
Question to the Home Office:
What steps she is taking to confiscate money from criminals; and how she plans to further strengthen the asset recovery regime.
This question was answered on 26th February 2018
We have recovered £1.4bn under the Proceeds of Crime Act since 2010. The Criminal Finances Act 2017 provides important new powers to improve the asset recovery system, such as unexplained wealth orders, the forfeiture of bank accounts and forfeiture of certain mobile assets. The Government is also implementing the recommendations made in the Public Accounts Committee Report of 2016. Our Asset Recovery Action Plan will be published by April this year.