Legislation submitted that will see money seized by CAB put back into Communities

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TDs Mark Ward and Ruarí O Murchú have submitted The  Proceeds of Crime (Investment in Disadvantaged communities) Bill 2021.  This legislation will  see  money seized by  the Criminal Assets Bureau put back into the communities that have been most affected by crime.

Deputy Ward  said the money seized by CAB must be put back into the communities in which the criminals and drug dealers were operating in. Speaking recently Deputy Ward said: “In response to a parliamentary question I raised the Criminal Assets Bureau seized almost €65 million in 2019 . This is a huge increase on previous years and is very welcome news. “The vast majority of the money seized by the Criminal Assets Bureau has been extracted from the communities in which the criminals have been active. It must therefore be returned to these communities.

“Sinn Féin has always advocated that any money seized by CAB should be put back into communities to tackle disadvantage and also to fund prevention, treatment and rehabilitation services in the fight against drugs. “I represent Dublin Mid West and grew up in North Clondalkin. Parts of my constituency have been ripped apart from drug use over the years. “The  Proceeds of Crime (Investment in Disadvantaged communities) Bill 2021 will require the Minister for Finance to carry out a review of the financial supports required for disadvantaged communities affected by crime and reinvest the money generated through the seizure of assets by the Criminal Assets Bureau in those communities, with a view to alleviating the impact of crime and enhancing crime prevention measures

“Any money invested in our communities is on top of allocated resources and not seen as a replacement. It will also not hinder community organisation  in applying for any additional resources they require through the normal funding channels. “It does not happen by accident that  most of the money seized by CAB originates in areas that are highly disadvantaged. “I have had positive soundings from Government parties when I have raised this issue in the Dail and I am hoping that this Bill receives cross party support when it reaches the floor of the Oireachtas.

Sarah Brooks

Sarah Brooks

Sarah has worked in marketing and content creation for many years. In her role at Newsgroup, she is the online editor of www.newsgroup.ie with a particular interest in local news and events. Sarah also works closely with our editorial team on our printed editions in Tallaght, Lucan, Clondalkin and Rathcoole/Saggart. If you have a story and would like to make contact please email Sarah at info@newsgroup.ie.


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