First in Asia: With the IMF nod, Sri Lankan law to seize proceeds from crime
Virendra Pandit New Delhi: Limping back to normalcy after the 2022 socio-political-economic upheaval, a cautious Sri Lanka has approved a new law backed by the International Monetary Fund (IMF), allowing the state to seize any proceeds from criminal activities. The Proceeds Of Crime Act (POCA) was proposed as part of efforts under the IMF program […]