Legal changes would require explanation for questionable wealth in B.C.

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Legal changes would require explanation for questionable wealth in B.C.
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Unexplained wealth orders alone are not orders to forfeit property, but information gathered could be used in civil forfeiture proceedings.

Minister of Public Safety and Solicitor General Mike Farnworth speaks during a Federal-Provincial-Territorial Ministers press conference on bail reform in Ottawa, on Friday, March 10, 2023.

The government says the creation of unexplained wealth orders will help prevent money laundering by those who hide assets with family members or associates. Unexplained wealth orders alone are not orders to forfeit property, but information gathered could be used in later civil forfeiture proceedings.

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