Oireachtas Joint and Select Committees
Wednesday, 1 June 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Use of Section 110 by Russian Firms: Dr. Jim Stewart
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
It is an interesting point. To a certain extent, it shadows the system that operates here in respect of the Criminal Assets Bureau. Initially, the Criminal Assets Bureau will freeze proceeds of crime but simply because it freezes them does not mean that they are subsequently confiscated, although I think such an application can be made seven years later. Would Dr. Stewart agree with that?
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