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Swedish EU commissioner to make it easier to confiscate criminal funds in the EU
Tuesday, 13 March 2012
The Swedish EU
commissioner, Cecilia Malmström is unveiling a bill at the EU level
that will make it easier for police to crack down on crimes across the
EU. In so doing will hit hard on the earnings of criminals and thus
confiscate their earnings from criminality.
Organized
crimes are making huge money in the EU - estimated into multi-billion
EUROS in revenue from crimes in Europe each year. Now it should be
easier for police to confiscate things such as houses, cars and other
luxury goods that have been gained as a result of criminality.
“That's the best way, "go for the money". Turn to where it really hurts,” said Commissioner Cecilia Malmström.
With the bill,
the assets of criminals will quickly be frozen when prosecutors believe
they would disappear abroad. Criminals should not get away with giving
away their possessions to others is as to hide their tracks. The gifts
should also be seized by the police.
In addition, it
will be easier to confiscate assets that can not be tied to a specific
crime, but to a person's criminal activities.
“It may be, for
example, money from drug activities of the criminal invested in
building up a riding school, or on yachts or other. Money that is not
directly linked to the crime,” says Cecilia Malmström.
Sweden claimed
to already doing a lot to penalise such criminals including passing
sentences. Other laws and other countries should be draw into the
punishment regime. Greece, Romania and Bulgaria are the countries that
were forced to tighten their rules most in the new bill draft.
The bill is
eagerly awaited by both Member States and the European Parliament.
Cecilia Malmström expects it to be completed within the year.
By Scancomark.se Team
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