1672nd Edition: LawNewsIndex is a UK based Law,
Justice, Legislation & Rights related daily news & legal articles
archive brought to you by TheLawMap
FOCUS OF THE DAY: MPs have warned that the system for enforcing confiscation orders imposed by the courts is not working. The Proceeds of Crime Act 2002 (POCA) sets out the asset recovery scheme and other powers under which the government can seize the proceeds of a criminal’s activities. In 2014-15, £155m was collected by enforcement agencies. POCA has come under fire in the media for poor performance, for example, only £203m of £1.6bn in unenforced confiscation orders was deemed enforceable. Other examples cited in the press included a “Mr Big” paying £44,000 in private school fees while ignoring an outstanding £4m confiscation order, and criminals choosing to serve time in prison rather than pay back the proceeds of their crimes. Full story - New Law Journal
FOCUS OF THE DAY: MPs have warned that the system for enforcing confiscation orders imposed by the courts is not working. The Proceeds of Crime Act 2002 (POCA) sets out the asset recovery scheme and other powers under which the government can seize the proceeds of a criminal’s activities. In 2014-15, £155m was collected by enforcement agencies. POCA has come under fire in the media for poor performance, for example, only £203m of £1.6bn in unenforced confiscation orders was deemed enforceable. Other examples cited in the press included a “Mr Big” paying £44,000 in private school fees while ignoring an outstanding £4m confiscation order, and criminals choosing to serve time in prison rather than pay back the proceeds of their crimes. Full story - New Law Journal
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