McDowell goes after IRA’s millions in assets

THE gardaí and the PSNI are to intensify efforts in targeting criminal assets, including those of the IRA, Justice Minister Michael McDowell said yesterday.

Mr McDowell said the IRA had an estimated €200 million which were the proceeds of crime invested in assets here and abroad.

"That is an estimate based on income flows the organisation has had in place for years now. It is our belief that has been converted into assets," he said.