The State requires new powers to seize the gangs' money
Published 16/02/2016 | 02:30
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.
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.