Australian state gov't announces new laws to seize assets of crime

The New South Wales (NSW) government is introducing new laws targeting organized crime figures with unexplained wealth. NSW Premier Kristina Keneally on Tuesday announced the proposed laws, which will help the NSW Crime Commission, saying 50 percent of the ill-gotten gains will go to a Victims' Compensation Fund. Victims could receive an additional 120 million Australian dollars (105 million U.S ...