![Sri Lanka cabinet approves IMF-backed civil forfeiture law allowing government to seize proceeds from illegal activity](https://www.jurist.org/news/wp-content/uploads/sites/4/2022/04/Screen-Shot-2022-04-05-at-3.05.12-PM.png)
Sri Lanka’s Cabinet of Ministers on Friday approved a new legislative bill, endorsed by the International Monetary Fund (IMF) that will allow the state to confiscate any property or proceeds resulting from criminal activities, a spokesperson for the cabinet told local media. Under the new law, known as the Proceeds of Crime Act (POCA), the [...]