Caribbean Times 94th Issue
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4 c a r i b b e a n t i m e s . a g<br />
Thursday 9th February 2017<br />
Legislation gives way to establishment<br />
of Proceeds of Crime Fund<br />
By Joanna Paris<br />
The Lower House of Parliament<br />
this week passed legislation, the Proceeds<br />
of Crime Amendment Bill 2017,<br />
which provides for the establishment<br />
of a Proceeds of Crime Fund.<br />
Mover of the Bill Attorney General<br />
and Minister of Legal Affairs, the<br />
Hon. Steadroy “Cutie” Benjamin in<br />
highlighting the explanatory memorandum<br />
said that as the name suggests<br />
the fund will hold the proceeds of<br />
crime from a confiscation or forfeiture<br />
order.<br />
Minister Benjamin said that the<br />
funds will be managed and distributed<br />
to organizations to aid in their fight<br />
against criminal activities and also for<br />
the development of public education<br />
campaigns about these crimes.<br />
“We are establishing a fund which<br />
will be managed and distributed to<br />
agencies, involved in fighting these<br />
crimes.<br />
“It is also important for us to<br />
have education programs, some of<br />
the money seized will be used for a<br />
public campaign to warn against the<br />
dangers associated with these crimes<br />
and also in assisting and promoting<br />
or even trying to enjoy the proceeds<br />
from crime that they are consequences”,<br />
he said.<br />
The Proceeds of Crime Fund will<br />
be managed by the Accountant General<br />
who is charged with the respon-<br />
Attorney General and Minister of Legal Affairs,<br />
the Hon. Steadroy “Cutie” Benjamin<br />
sibility of properly documenting all<br />
of the transaction associated with the<br />
fund.
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