Almost €108 million worth of cash and assets has been seized by the Criminal Assets Bureau over an 11 year period. 

CAB was set up in 1996 following the murder of journalist Veronica Guerin in Dublin; the organisation seizes property from criminals who acquired it through illegal means and  involves four agencies - the Gardaí, Revenue Commissioners and the Departments of Justice and Social Protection.

The figures were obtained by Aontú leader Peadar Tóibín from the Department of  Justice.

“These are startling figures,” he said. 

“They show a significant amount of cash and assets that have been seized from criminals in an 11 year period. 

“€108 million have been seized over that period and it also shows that €60 million have been recovered by CAB in relation to revenue and social welfare for that time as well.” 

2019 was by far the biggest year for seizures when €53 million worth of cryptocurrency was frozen by CAB.

Main image: The Criminal Assets Bureau. Picture by: Garda Press