Rush to close criminal assets loophole

TOUGHER legislation is being put in place to allow CAB seize the assets of criminals who operate outside the State.

The new measures are being drawn up by the Government following yesterday’s decision by the Supreme Court that the Criminal Assets Bureau (CAB) cannot seize the proceeds of crimes committed outside the State.

With many key figures from the Irish criminal underworld now living outside the State, the proposed amendments are expected to be hastily made to the Proceeds of Crime Bill.