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* Discussion on confiscation of illegal property and money acquired by criminals
Tue, Sep 15, 2020, 10:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 15, Colombo: A group of high ranking officials from the Attorney General s Department, the Sri Lanka Police and other relevant government agencies met Prime Minister Mahinda Rajapaksa at Temple Trees yesterday (14) to discuss the future course of action regarding money acquired by illegal methods including drug trafficking.

The main purpose of this meeting was to discuss the next steps to be taken to prevent the criminals, who acquire money, vehicles, lands, houses, buildings, etc. illegally, from enjoying such illegally acquire assets and earning further income even after arrest and remand until the cases against them are concluded and assets are confiscated.

The officials who attended the meeting drew the attention of the Prime Minister to taking the ill-gotten wealth and property into government’s custody at an early stage before proceeding with the confiscation after the conclusion of the cases against the arrested individuals.

The provisions of the Money Laundering Act and the Financial Transaction Reporting Act No. 06 of 2006 were discussed at length at this meeting. The officials commented on the necessary amendments to the Acts and the manner in which the existing provisions could be complied with.

Accordingly, it was decided to take immediate action on the existing provisions and to consider necessary legal amendments.

Gamini Senarath, Secretary to the Prime Minister, Retired Major General Kamal Gunaratne, Secretary to the Ministry of Defense, MMPK Mayadunne, Secretary to the Ministry of Justice, CD Wickramaratne, Acting Inspector General of Police, Chanoka Mohotti, Director, Central Bank Financial Intelligence Unit, Haripriya Jayasundara Deputy Solicitor General of Attorney General’s Department and a large number of officials were present.


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