2014-03-25 10:03:20 -
Britain's much vaunted Proceeds of Crime Confiscation system exposed as a "shambles"
Parliamentary committee rips into all the agencies involved saying:
£490 million is owed by criminals
Only 26 pence in every £100 of criminal proceeds in the year 2012/13 was colleced
£100 million spent administering confiscation orders, yet confiscated a meagre £133 million
Poor performance of all the agencies involved
It is unclear who is responsible and accountable for what
Only 18% for orders over £1 million ever collected
Harold Wilson, a former British Prime Minister, once remarked that "A week is a long time in politics". In the world of collecting ill-gotten assets from criminals, it is a very long time indeed.
At the beginning of last week a quiet
release of a request for information was made by Scotland Yard regarding a Chinese brothel keeper who had fled owing £1.3 million due under a confiscation order.
Then Irish gangster John Gilligan slipped into Britain after having been shot. It was his murdeous activities in the killing of Dublin reporter Veronica Guerin that had started the ball rolling on the idea of confiscating the assets of criminals.
Finally on Friday, Britain's Parliamentary Public Accounts Committee published a devastating report on the failures of justice authorities in seizing criminal assets.
For the full story, with details and links to the report and precis, click the link below: