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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.
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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Is that all?! If they got at Denis they would shake that out of his back pocket.
10m is a pittance. Does that even cover the cost of CAB?
Imagine how much they’d get if they went after the bankers
Great to hear that the CAB are doing great work, hopefully there will be no political interference when ,not if they go after politicians. O; I almost forgot about garda commissioners getting late night visits.
None from any ‘good’ republicans, or even ‘bad’ ones?
I fcuking didn’t. I hate the way they say Irish people. We won’t see a penny of it. Yet we still have to pay for it.
Yeah I don’t think the mean individuals..
Do you actually suggest that the €4m should have been divided and returned in cash to the population of ireland.
i.e. a cheque for less than €1 each?
And in your opinion would that be a better approach than, say, adding a ward of new beds in a hospital and manning them for a year?
Or improving a few accident black spots around the country?
What about our money that was criminally taken by unsecured bondholders and the ECB. The figures from that HEIST would make 4 million look like small change.
Big swinging m€&!?y 4million back to the exchequer, I’m sure multiples of that were spent in its collection.
The Irish people DID NOT get back almost €4 million worth of dirty money in 2014 as that money probably went to the friends and lobbyists of the government, they had a good time with that money…
have your say