CAB seize £4m from crim­i­nals in drive against car­tel

Irish Sunday Mirror - - NEWS - BY GOR­DON DEE­GAN

THE Crim­i­nal As­sets Bu­reau clob­bered sus­pected crim­i­nals for €3.8mil­lion last year as it ramped up op­er­a­tions against Ki­na­han car­tel mem­bers.

The agency also ob­tained court or­ders re­lat­ing to the seizure or freez­ing of a fur­ther €2.5mil­lion in as­sets in 2016.

The fig­ures are re­vealed in CAB’S soon-to-be pub­lished an­nual re­port, how­ever, Char­lie Flana­gan pro­vided the head­line fig­ures in a writ­ten Dail re­ply to Fine Gael’s Bernard Durkan.

The Jus­tice Min­is­ter con­firmed it re­turned €3.8mil­lion from crim­i­nal gains to the Ex­che­quer last year.

A break­down showed €1.4mil­lion was seized as Pro­ceeds of Crime, €2.1mil­lion was taken un­der Rev­enue leg­is­la­tion and €297,430 un­der So­cial Wel­fare laws.

Since 2012, CAB has re­turned €25.45mil­lion to the State with Rev­enue leg­is­la­tion the most lu­cra­tive le­gal tool net­ting €14.54mil­lion for the State.

A to­tal of €9.4mil­lion has been re­turned as a re­sult of the Pro­ceeds of Crime Act with €1.499mil­lion from So­cial Wel­fare pro­vi­sions. CAB car­ried out raids at prop­er­ties linked to the Ki­na­han gang around Dublin in March where they seized €500,000 worth of jew­ellery, mo­tor­bikes, prop­erty and cars. Char­lie Flana­gan


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