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Failure for Government over proceeds of crime agency (October 12, 2007)
The Assets Recovery Agency, set up to take money from criminals as part of a government drive against organised crime, is to be abolished. 
 
CashThe setting up of a government agency to seize criminals' wealth was ill planned and unrealistic, an influential group of MPs has said.  It was revealed earlier this year that the ARA had cost £65m over four years, and had only seized assets worth £23m. The agency is set to be disbanded from next year.
 
 
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