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Bikies are laughing all the way to the bank: Laws to strip outlaw gangs of flash cars, houses and assets from organised crime haven't raised a single cent in SEVEN YEARS

Laws stripping outlaw gangs of flash cars, houses and assets from organised crime in South Australia haven't raised a single cent in seven years. 

Calls for an overhaul to the state's current standings have been made following a revealing report from retired District Court judge David Smith, Adelaide Now reported.

Other states across the country have recovered millions of dollars in the seizure of assets unable to be explained, whereas there has been no money made from reclaims in SA. 

Laws stripping gang members of unexplained wealth in SA haven't seen results 

Laws stripping gang members of unexplained wealth in SA haven't seen results 

A report from retired District Court judge David Smith showed weak points

A report from retired District Court judge David Smith showed weak points

In 2010 the laws were made to prevent motorcycle gangs from owning flashy homes, vehicles and other assets if they couldn't prove the items were purchased honestly.

Over eight years, NSW was able to recover $15 million worth of assets obtained by criminal activity, and WA $6.9 million.

Mr Smith believes that the Federal Government now must review the initiative, after the SA came up empty-handed. 

'Pursuing unexplained wealth is a new and untested area of law enforcement,' Mr Smith stated. 'What is required is the tracking of money and property, and the identification of who is enjoying and controlling it.

He believes the gathering of evidence around the tactic can be 'tedious'. 

'It is tempting to conclude that the Act has not operated effectively. The time has surely arrived for the prosecution of an application, so that the deterrent objective of this Act can be put to work.'