News Comment

Monday 5 December 2016

The State requires new powers to seize the gangs' money

Jim O’Callaghan

Published 16/02/2016 | 02:30

Gangs that make their fortune from drugs do so on the back of young and vulnerable men and women, mainly from disadvantaged areas of the inner cities. (PA/picture posed)
Gangs that make their fortune from drugs do so on the back of young and vulnerable men and women, mainly from disadvantaged areas of the inner cities. (PA/picture posed)

It took the murder of a journalist, Veronica Guerin, for this State to stand up to the threat posed to our society by organised gangs. In the immediate aftermath of that murder, the political parties recognised that new powers were needed to face the threat of criminal gangs who were prepared to murder a young mother simply because she reported on their criminal activity.

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Those new powers resulted in the establishment of the Criminal Assets Bureau (CAB) and the introduction of the Proceeds of Crime legislation.

That legislation enabled CAB to identify and seize assets of persons which derived, (or were suspected to derive), directly or indirectly, from criminal conduct.

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