Criminal finance 'can be beaten by accountants'

Accountants in Northern Ireland are told they can help bring crime out into the open

Written by Gavin Hinks

Accoutants in Northern Ireland have been told that they have a crucial role to play in making it impossible to conceal criminal assets.

Paul Goggins, chairman of the Organised Crime Task Force, made the statement to CIMA members in Belfast as he revealed that £10.2m had been seized from criminals since April of this, more than in the whole of 2006.

'The honest business community has nothing to fear and benefits hugely when criminals engaging in illegal financial practice are caught,' said Goggins. 'Your continued vigilance in playing your part can help re-inforce the clear message that there is no hinding place for assets obtained through unlawful activity.'

Goggins was speaking at a seminar jointly organised with CIMA in Northern Ireland to raise awareness of organised crime and the work of the taskforce.

Further reading:

Crime gangs attack self-assessment

FD faces stiff sentence for seven-figure theft

Seventeen arrests in VAT fraud swoop

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