Proceeds of Crime (Hansard, 8 January 2004)

HC Deb 08 January 2004 vol 416 cc452-3W 452W

§ Jim Dowd
To ask the Secretary of State for the Home Department pursuant to the Answer of 11th December,Official Report, column 621W, whether the net proceeds were £6,635,335; and to whom this money was distributed. [145956]
453W

§ Caroline Flint
The net proceeds were £602,195, which is the value of cash forfeited by the Metropolitan Police Service (MRS) under the new powers in the Act. The money was remitted to the Consolidated Fund. The sum of £7,237,530 given in my earlier reply represented the total amount of cash seized by the Metropolitan Police. Cash seized can only be forfeited and paid into the Consolidated Fund after a forfeiture order is made by a magistrates' court.