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Proceeds Of Crime

Volume 407: debated on Wednesday 25 June 2003

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To ask the Secretary of State for the Home Department what the total value is of the assets seized from convicted offenders since the Proceeds of Crime Act 2002 came into force; and if he will make a statement. [120921]

The confiscation provisions in the 2002 Act are triggered by offences committed after the provisions were brought into force on 24 March 2003, so it will be a while before cases are dealt with by the Crown Court in numbers. To date, one confiscation order with a value of £38,000 has been made against a convicted offender. The value of cash seizures made under the new cash seizure provision in the Act which came into effect on 30 December 2002 and which are not dependent upon a conviction is £25.6 million.