The NCA has secured a civil recovery order for around £120,000 allegedly linked to the South East Antrim UDA under the Proceeds of Crime Act.
The National Crime Agency (NCA) has secured a civil recovery order for around £120,000 allegedly linked to the South East Antrim UDA under the Proceeds of Crime Act.
The investigation, carried out by NCA financial and tax investigators working as part of the Paramilitary Crime Task Force (PCTF), relates to residential properties owned by an alleged member of the paramilitary group, his partner and associates.
The NCA alleged that the properties, in the Carrickfergus area, were purchased using the proceeds of illegal money lending, mortgage fraud, money laundering and tax evasion.
As a result of the investigation the defendants decided not to contest the case and agreed to pay a cash figure to settle. An order was granted by Belfast High Court on 15 January.
They will now have six months to sell their properties and hand over the money.
NCA Branch Commander David Cunningham said:
“The order we have obtained following our investigation is for a sizeable sum, and it demonstrates the NCA’s commitment to pursue assets obtained through unlawful activity, and denying criminals the proceeds of their crimes.
“As part of the PCTF we will continue to use the tools provided under the Proceeds of Crime Act to prevent those involved with paramilitary organisations from making financial gain from their activities.”
The Police Service of Northern Ireland, HM Revenue & Customs and the National Crime Agency have established the PCTF to tackle criminality linked to paramilitary activity as part of the Executive's action plan on Tackling Paramilitary Activity, Criminality, and Organised Crime.
23 January 2020