LONDON: The UK government has introduced new rules giving unprecedented powers to law enforcement agencies to crack down on properties and assets amassed through “dirty money”.
Under the new rules, which are designed to stop corrupt people from using Britain as a safe haven, individuals can be fined and jailed if they make misleading statements.
The order that came into force recently allows authorities to freeze and recover property of more than 50,000 pounds if individuals cannot explain why they own assets worth more than their income and show they have acquired them legally.
It is seen as unprecedented as it — like Pakistan’s National Accountability Bureau laws — shifts the burden of proof to the property holder instead of the state.
The new law can also be problematic for some Pakistani politicians as the enforcement authorities don’t need to show that they actually own
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