New legislation allows CAB to seize criminals’ assets abroad

FOREIGN assets of crime bosses will no longer be out of the reach of Irish authorities under legislation to be enacted this week.

Thu, 10 Feb, 2005 - 00:00
Cormac O’Keeffe

President Mary McAleese is expected to sign into law on Saturday the Proceeds of Crime (Amendment) Act 2005.

The act will give significant new powers to the Criminal Assets Bureau (CAB), including the right to:

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