Dáil Éireann Debate, Thursday - 27 April 2006
42 Mr. Wall asked the Minister for Justice, Equality and Law Reform the progress made with regard to the Garda investigations into the major money laundering operation uncovered in early 2005; if a file has been sent to the Director of Public Prosecutions; his plans to amend the Criminal Justice Act 1994 concerning money laundering; and if he will make a statement on the matter. [15662/06]
Amharc ar fhreagraAn investigation file on the matter has been submitted to the Director of Public Prosecutions and further inquiries are also being conducted.
Ireland's anti-money laundering legislation and other measures were evaluated recently by the financial action task force, the leading international anti-money laundering organisation. The report of that evaluation contained a number of recommendations.
The amendments to the criminal law which would be needed to implement these recommendations are being assessed by my Department, in consultation with the Office of the Attorney General. These amendments are being evaluated in conjunction with those arising from the provisions of the third EU anti-money laundering directive, which was agreed in late 2005. Any legislative proposals will be submitted to Government for approval in the normal way.
