CAB to target developers who bribed politicians

THE Criminal Assets Bureau (CAB) is to set up a special investigation unit to target wealthy property developers who bribed politicians and public officials.

Chief Superintendent Felix McKenna, the head of CAB, said a dedicated team of skilled personnel, assisted by forensic accountants, are likely to be involved in chasing down developers who made vast amounts of money from land deals and rezoning decisions.

Under new legislation, CAB has powers to apply to the High Court to seize assets and cash equal to the amount the person has gained by the corrupt act.