The National Crime Agency has obtained a Recovery Order by consent over a Carrickfergus property under the Proceeds of Crime Act 2002 (POCA).
The investigation, carried out by officers working as part of the Paramilitary Crime Task Force (PCTF), related to the home of an alleged senior member of the paramilitary group South East Antrim UDA (SE UDA) in Carrickfergus.
The NCA alleged that the property was originally acquired using the proceeds of mortgage fraud, tax evasion and money laundering, before being placed into his wife’s name.
Following the commencement of proceedings in the High Court in Belfast, the Defendants decided not to contest the case and agreed to the house being recovered.
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.
NCA Branch Commander Billy Beattie said:
“Civil recovery and tax plays an integral role in the work of the PCTF, and these powers are a strong tool in preventing those engaged in criminal activity from benefiting financially or materially from it.
“The NCA is committed to pursuing the assets of criminals, no matter how carefully they have been hidden.”