Charlie O'Connor (Dublin South West, Fianna Fail)
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Question 611: To ask the Minister for Justice, Equality and Law Reform the money recovered by the Criminal Assets Bureau in 2004; the way this money is spent; and if he will make a statement on the matter. [19273/05]

Michael McDowell (Dublin South East, Progressive Democrats)
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I am informed by the Garda authorities that money seized under the Proceeds of Crime Act 1996, as amended, is placed under the control of a High Court appointed receiver and is held in interest bearing accounts. Moneys collected under the Tax Acts go immediately to the Revenue Commissioners bank account for the benefit of the central fund.

The following statistics relate to moneys seized or collected by the Criminal Assets Bureau during the year 2004: Proceeds of crime action, section 2 interim orders, €1,027,152.18 and £6,115.00; section 3 interlocutory orders, €1,688,651.63 and £375; disposal orders under section 4, €275,875.43; receivership orders under section 7, €2,255,514.30 and £6,116; Revenue action, tax collected, €16,408,649; and social welfare, savings to the Exchequer, €222,921.

Further information on the activities of the Criminal Assets Bureau since its establishment in 1996 is contained in the annual reports of the bureau. Copies of these reports are available in the Oireachtas Library.