Peadar Tóibín
Question:419. Deputy Peadar Tóibín asked the Minister for Justice the amount returned to the public purse by the Criminal Assets Bureau in each of the past five years and to date in 2021. [49290/21]
View answerTuesday, 12 October 2021
Questions (419)
Written answers
As the Deputy will be aware, the Criminal Assets Bureau (CAB) is a multi-agency statutory body established under the Criminal Assets Bureau Act 1996. The Bureau’s remit is to target a person's assets, wherever situated, which derive, or are suspected to derive, directly or indirectly, from criminal conduct. Since its inception, the Bureau has been at the forefront of fighting organised crime in this jurisdiction and disrupting the activities of criminal gangs by depriving them of ill-gotten assets.
I am advised by CAB that the below table outlines the value of monies returned to the Exchequer by the Bureau for the years 2016 - 2020 under Section 4 and 4A of the Proceeds of Crime Act, as amended.
To date in 2021, the Criminal Assets Bureau has remitted €671,372.54 to the Exchequer.
|
YEAR |
AMOUNT (€) |
|
2016 |
1,412,920.41 |
|
2017 |
1,698,721.08 |
|
2018 |
2,271,799.92 |
|
2019 |
1,559,726.31 |
|
2020 |
1,838,507.25 |
|
TOTAL |
8,781,674.97 |
It should be noted that, under the Proceeds of Crime legislation, following a determination by the court that a specified property constitutes the proceeds of crime, seven years must normally elapse before criminal proceeds may be ultimately confiscated.