Ireland ‘unable to freeze criminal assets’ due to failure to take part in international initiatives

The Government document says Ireland's failure to participate in key international initiatives is making it 'significantly more difficult' to freeze and confiscate criminal assets. Picture: iStock

Ireland’s failure to participate in key international initiatives and conventions is making it “significantly more difficult” to freeze and confiscate criminal assets and incomes, particularly if they cross borders, according to a Government document.

The National Economic Crime and Corruption Strategy also states that Ireland “must enhance” its laws on confiscating proceeds of crime in cases involving a criminal conviction.