Aontú leader Peadar Tóibín raises concern over ‘time lag’ between seizure and arrival in State coffers
Aontú leader Peadar Tóibín raises concern over ‘time lag’ between seizure and arrival in State coffers seized more than €116 million worth of assets over 12 years with some €64.4 million transferred to the exchequer as a result of its work during the same period, according to new figures.who raised concern over the “time lag” between the seizure of assets from criminals and when they end up in the State’s coffers.
The Cab got section 2 interim orders for assets worth a total of €116,074,687 million over the 12 years.This included €22,209,595 under proceeds of crime legislation, €38,021,925 in taxes and interest collected and €4,213,719 in social welfare recoveries. In her Dáil response to Mr Tóibín, Ms McEntee said it is “essential to deprive criminals of the proceeds of crime and 2023 was a record year for the Criminal Assets Bureau in this regard.”Ms McEntee said that during 2023 the Cab “placed particular emphasis on targeting the criminal groups engaged in serious and organised crime, as well as property crime, such as burglaries and robberies”.
The Proceeds of Crime Bill 2024 is aimed at speeding up the process of disposing of an asset for the benefit of the State.
Aontu Peadar-Toibin An-Garda-Siochana Helen-Mcentee
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