Police are gloating that they have seized over $25 million in assets from convicted criminals. Clearly, the current conviction-based regime in the Proceeds of Crime Act is working well. So why do we need the new Criminal Proceeds (Rcovery) Bill again? From here, the move to allow assets to be seized without any need for conviction (or even charges) and introduce a "guilty until proven innocent" regime seems like a completely unnecessary erosion.
(For more on the government's asset forfeiture proposals, see here).
Correct me if I'm wrong, but you didn't seem to mind the Government seizing Telecom's assets. If I could speculate on your reasoning, I would say it's because you deem them guilty of the most heinous crime there is -- making millions and millions of dollars in profit.
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