Oireachtas Joint and Select Committees

Wednesday, 31 May 2023

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Authorised Push Payments Fraud: Discussion (Resumed)

Mr. Justin Kelly:

To put some clarity on that figure, 60% of those were revenue-type reports. I will give an example. It might be a report of someone not getting an invoice related to a transaction and pressure being put on them to pay in cash. They are not all purely economic crime. Many, 60%, are revenue reports. We triage how we deal with the remaining ones. As the Deputy can see, there is a significant number. The first layer we look at is terrorist financing. That is the priority we look at first and we liaise closely with our colleagues in the anti-terrorism area on those. After that we take a risk-based focus on the others. We retain the more high-end, serious ones in the money-laundering investigation section of the GNECB. We put an intelligence package around a significant number of the others and they are circulated around the country for investigation in Garda divisions. They primarily go to the people I spoke about in my opening address, who we have upskilled to deal with fraud-type offences. That is the STRs. Is that what the Deputy was looking for around STRs?