Sri Lanka, April 26 -- According to a media report, a draft law has been jointly presented by President Ranil Wickremesinghe and Justice Minister Dr. Wijeyadasa Rajapakshe to the Cabinet that allows for the forfeiture of proceeds of crime or 'fruits' of crime. According to Minister Dr. Rajapakshe, Sri Lanka presently does not have a law to forfeit property that is acquired through the commission of a crime, be it robbery, bribery, a commission or other gratification.

Enforcement is vested with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) - for the proceeds of bribery and corruption - and Police for the proceeds of other organised crimes such as drug trafficking, the Minister stated. This follows the Interna...