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Combating Criminal Networks: Analyzing the Smugglers and Foreign Exchange Manipulators Act, 1976
The struggle against economic crimes has been a significant challenge for nations worldwide. In India, the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (SAFEMA) represents a critical legal framework aimed at combating the networks involved in smuggling and foreign exchange manipulation. Instituted during an era when such economic offences were at their peak, this act provides stringent measures for the confiscation of properties derived from illicit activities.
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The struggle against economic crimes has been a significant challenge for nations worldwide. In India, the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (SAFEMA) represents a critical legal framework aimed at combating the networks involved in smuggling and foreign exchange manipulation. Instituted during an era when such economic offences were at their peak, this act provides stringent measures for the confiscation of properties derived from illicit activities.
Read here:
Combating Criminal Networks: Analyzing the Smugglers and Foreign Exchange Manipulators Act, 1976 | by Chambers of Vivek Kumar Tandon | May, 2024 | Medium
The struggle against economic crimes has been a significant challenge for nations worldwide. In India, the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (SAFEMA)…
https://vktlawchambers.medium.com/combating-criminal-networks-analyzing-the-smugglers-and-foreign-exchange-manipulators-act-1976-c7d4dfbd5a2c
