The Minister for Justice, Equality and Law Reform, Mr. Dermot Ahern T.D., has today laid the Annual Report on the activities of the Criminal Assets Bureau (CAB) for 2008 before each House of the Oireachtas. The Report for 2008 is the thirteenth such Annual Report.

Commenting on the report, the Minister said, "In a year where organised crime continued to pose a serious threat to our communities, the Criminal Assets Bureau has again demonstrated the effectiveness of the multi-agency and partnership approach in targeting the proceeds of such criminal conduct.

The continued development of the Divisional Asset Profiler’s Programme, together with the Bureau’s policy of targeting the lower value assets of up and coming and mid-ranking criminals serves to present a more visible and effective presence amongst local communities.

The Bureau continues to work in close co-operation with foreign law enforcement agencies and develop links with asset recovery agencies in other jurisdictions in order to ensure criminals cannot use international boundaries as a means of evading investigation and asset seizure.

On behalf of the Government, I commend the Bureau on its successes during 2008.  I have no doubts that the Bureau will continue to play a significant role in the fight against organised crime".

The Minister has also established an expert group comprising representatives of CAB and his Department to review the operation of the Proceeds of Crime legislation.

Minister Ahern concluded: "While the legislation underpinning the work of CAB has been hugely successful, I believe that it is timely to see whether the law in this area can be strengthened further. The review will look at areas such as:
-  decreasing the amount of time which must elapse before criminal assets which have been frozen become the property of the state;
-increasing the powers of receivers over properties so as to immediately deprive criminals of the use of those properties;
- short term seizure of assets believed to be the proceeds of crime pending determination by the courts;
- further improving arrangements for sharing information with similar organisations in other countries and
- entering into arrangements with other countries where assets which are forfeited as a result of joint investigations can be shared".

In 2008 the Criminal Assets Bureau: 

·        obtained interim orders to the value of over €5 million and Interlocutory Orders ("final" restraint orders) to the value of over €2.5 million;
·        collected almost €6 million in taxes and interest;
·        made social welfare savings of over €712,000 and recoveries of over €358,000.

The Minister said that since its statutory inception in October 1996 and up to 31 December 2008 the Bureau has obtained interim and "final" restraint orders to the value of over €76 million and €38 million respectively.  In the same period, taxes and interest demanded was almost €136 million, with over €124 million collected.  Regarding social welfare payments, savings amount to over €4.12 million and recovery of overpayments amounted to almost €3 million.
A table setting out the successes of the Criminal Assets Bureau 1996 - 2008 based on Annual Reports 1996 - 2008 is attached.
The full report is available on the Department's website - www.justice.ie 

30 December 2009 

The successes of the Criminal Assets Bureau 1996 - 2008

 

Orders obtained under the Proceeds of Crime Act 1996

Section 2 Interim Orders 

Section 3 Interlocutory Orders 

1996 €2,667,719

1996 €2,600,424

1997 €2,964,432

1997 €1,899,756

1998 €2,136,391

1998 €1,385,808

1999 €1,904,607

1999 €1,033,134

2000 €1,064,721
Stg £52,230

2000 €2,083,913

2001 €2,377,781
Stg £491,114

2001 €1,705,196
Stg £279,636
US$ 224,926

2002 €3,709,086
Stg £17,802,004
US$5,558,377

2002 €2,504,669
Stg £1,993,094
US$5,247,821

2003 €3,045,842
Stg £12,150

2003 €71,699
Stg £557,070

2004 €1,027,152
Stg£6,115

2004 €1,688,651
Stg£375

2005 €5,860,335
US$314,620

2005 €1,200,526
Stg26,760
US$130,000

2006 €2,836,480
£294,289

2006 €5,059,346

2007 €9,804,193
£30,690

2007 €6,531,594

2008 €5,022,051
£4,860

2008 €2,501,803
£150,315


Total 1996 to
2008 € 44,420,790 
Stg £ 18,693,452 
US$ 5,872,997 


  
Overall Total € 76,467,810 m approx. 


Total 1996 to 
2008 € 29,250,363 
Stg £ 3,007,250 
US$ 5,377,821 

  

€ 38,638,173 m approx. 

 

 

Revenue Actions

Year Ending 

Taxes Assessed 
 

Taxes and Interest Demanded 
 

Taxes Collected 
 

1996 

4,002,079

4,372,975

Nil

1997 

7,946,235

6,616,207

251,700

1998 

8,309,226

13,706,312

789,459

1999 

9,971,706

17,083,072

2,998,207

2000 

12,625,172

6,168,662

8,595,134

2001 

18,638,050

8,344,701

23,561,666

2002 

9,954,554

12,830,763

10,003,816

2003 

7,405,114

7,198,272

9,991,022

2004 

5,519,474

5,497,449

16,408,649

2005 

14,078,812

4,888,818

16,376,599

2006 

13,720,477

16,473,750

19,192,907

2007 

18,370,867

19,130,179

10,009,459

2008 

23,435,212

13,922,431

5,891,625

Total 

153.979,446 

136,245,192 

124,077,709 

 

 

Social Welfare Actions

Year 

Overpayments Assessed 

Savings 

1996 

42,199

Nil

1997 

235,878

296,634

1998 

356,889

281,214

1999 

416,163

341,527

2000 

Nil

137,146

2001 

317,404

192,803

2002 

350,347

155,481

2003 

518,885

109,654

2004 

262,049

222,921

2005 

338,296

216,054

2006 

439,704

297,744

2007 

531,957

550,977

2008 

358,726

712,616

Total 

4,026,536 

3,356,551