Organised crime figures who splash out on yachts, penthouse suites and sex workers will be targeted by the Victorian government, under new laws that will force them to repay any wealth they cannot prove was lawfully acquired.
The state’s attorney general, Jaclyn Symes, and police minister, Anthony Carbines, on Tuesday announced they will introduce the Confiscation Amendment (Unexplained Wealth) Bill to parliament, in an effort to deprive criminals of the “use and enjoyment of their unexplained wealth”.