Article: Response statement to public accounts committee.

M2 PRESSWIRE-12 October 2007-UK Government: Response statement to public accounts committee(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:12102007

The Assets Recovery Agency (ARA) today welcomed the Public Accounts Committee (PAC) report and reaffirmed its continued commitment to helping in the fight against crime by taking the profits out of the control of criminals.

Since the Agency's inception in February 2003 it has had real success in:-

* disrupting over GBP217 million worth of assets in 320 cases

* permanently recovering a further GBP26.8 million of criminal assets

* training over 2000 Financial Investigators across ...

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