John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

Moving on to the use of holding companies, which Dr. Stewart discussed in his opening statement, a former US expert on organised crime in the former Soviet Union, who was also CIA chief of base in that country, gave evidence to the US House Committee on Financial Services that identified Ireland as a major location for wealth leaving Russia in the post-Soviet period. I presume the wealth leaving Russia is based on cash and the transfer of assets. What action arising out of that knowledge can be taken, whether by US agencies, European agencies or Irish agencies?