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The Irish people got back almost €4 million worth of dirty money in 2014

The figures, released today, show what the Criminal Assets Bureau seized back from criminal organisations.

Image: Shutterstock/nito

THE CRIMINAL ASSETS Bureau (CAB) seized back more than €10 million from criminal proceeds in 2014.

More than €3.8 million was returned to the Exchequer.

In addition, 10 new proceeds of crime were brought before the High Court with freezing orders put on assets with a collective value of €6.76 million.

The report from CAB was today put before the Houses of the Oireachtas by Minister for Justice Frances Fitzgerald.

Speaking today, she said: “The report highlights the co-ordinated, multi-agency approach to targeting the proceeds of criminal conduct deployed by the Bureau which is widely acknowledged as best practice in this field.

The Criminal Assets Bureau is an essential component in the State’s law enforcement response to serious and organised crime and the government is committed to fully supporting its work.

In the report a number of areas of prominence were highlighted where the Bureau had been particularly effective in recovering the profits of crime.

These included the trafficking and sale of drugs and fuel smuggling.

There was also an increased focus on stopping border crime, with greater co-operation between agencies in the North and South of the country.

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There has also been work by gardaí on an EU-wide project focused on developing and extending the reach of forensic accountancy.

In the course of the last year, CAB reclaimed outstanding taxes and interest of €14 million and fraudulantly claimed social welfare of over €190,000.

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