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by Migeru
From the Panic Room comes this report by the Financial Times: Warning on use of anti-terror law on banks (October 10 2008)
The use of anti-terror powers to freeze billions of pounds of Icelandic bank assets in Britain is a distortion of the law�s intent and risks further gumming up the ailing financial system, legal experts warned on Thursday. Financial crime lawyers said the government�s unprecedented decision to apply the freezing order for purposes other than tackling terrorism opened the way to its use in other cases centred on commercial and political interests. The Treasury�s action on Wednesday to protect the deposits of British account holders has highlighted broader concerns that some security-related laws passed since the September 11 2001 terrorist attacks are so widely drafted they are open to abuse.If this is what it takes for the Very Serious People™ to realise that the post-9/11 laws are "so widely drafted they are open to abuse", so be it. Now let's work to get them repealed or at least the language tightened.
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Authoritarian overreach | 30 comments (30 topical, 0 editorial, 0 hidden)
Authoritarian overreach | 30 comments (30 topical, 0 editorial, 0 hidden)
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