Foreign crime chiefs may challenge CAB seizure of assets

LEGAL representatives for foreign crime bosses whose assets were frozen here are understood to be considering revisiting their cases following a Supreme Court judgment.

The Supreme Court ruled on Monday that the Criminal Assets Bureau could not seize assets derived from proceeds of crime committed outside the State.

Legal sources yesterday said defence teams for foreign targets of CAB will examine the ruling and consider whether to go back to the courts and challenge the seizure of their assets.