THE police erred in their handling of $49 million in questionable monies seized under the Proceeds of Crime Act, according to the Report of the Audit General on the Public Accounts of TT (2023) laid in the House of Representatives last Friday.
Al-Rawi wants US$123m in proceeds of crime returned to this country
Attorney General Faris Al-Rawi. -
ATTORNEY GENERAL Faris Al-Rawi on Thursday piloted a bill in the Senate which he said could help return to Trinidad and Tobago some US$123 million in money deemed to be the proceeds of crime.
Senators debated the Miscellaneous Provisions (FATF Compliance) Bill 2020, which amends several bills including the Proceeds of Crime Act (POCA).
The explanatory notes to the bill say it will “empower the Minister of Finance, by order, subject to negative resolution of Parliament, to determine other areas or purposes for which money in the Seized Asset Fund may be used.”