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16/08/2004
Man charged in connection with fuel fraud
A Co Armagh man has been charged with money laundering offences following a series of operations in Northern Ireland and the Republic to tackle an estimated £5 million fuel fraud.
The 52-year-old man is expected to appear at Armagh Magistrates Court on Tuesday charged with the laundering of the proceeds of fuel fraud following the seizure of £65,000 in searches carried out by the PSNI and customs in Armagh last Thursday. In a co-ordinated operation in the Republic, officers from the Criminal Assets Bureau (CAB) carried out searches in Co Monaghan.
Jane Salt, head of Customs investigations in Northern Ireland, said: "This latest operation highlights our commitment to tackle oils fraud in Northern Ireland and to stop major, organised smuggling operations. It is a great example of Customs using our full powers to take action against the proceeds of crime.
“Money is the lifeblood of serious and organised crime, and this action will have disrupted a number of criminal enterprises in Northern Ireland. The proceeds of crime legislation is a very important weapon in our armoury in the fight against organised crime and the government is determined to crack down on those who seek to profit from their illegal activities.
“Customs attach a high priority to tackling excise frauds that undermine legitimate businesses and rob the honest taxpayer of funds which should go into public services.”
Customs estimate that the evasion of road fuel duty and legitimate cross-border shopping in Northern Ireland cost an estimated £340 million in 2002.
(MB)
The 52-year-old man is expected to appear at Armagh Magistrates Court on Tuesday charged with the laundering of the proceeds of fuel fraud following the seizure of £65,000 in searches carried out by the PSNI and customs in Armagh last Thursday. In a co-ordinated operation in the Republic, officers from the Criminal Assets Bureau (CAB) carried out searches in Co Monaghan.
Jane Salt, head of Customs investigations in Northern Ireland, said: "This latest operation highlights our commitment to tackle oils fraud in Northern Ireland and to stop major, organised smuggling operations. It is a great example of Customs using our full powers to take action against the proceeds of crime.
“Money is the lifeblood of serious and organised crime, and this action will have disrupted a number of criminal enterprises in Northern Ireland. The proceeds of crime legislation is a very important weapon in our armoury in the fight against organised crime and the government is determined to crack down on those who seek to profit from their illegal activities.
“Customs attach a high priority to tackling excise frauds that undermine legitimate businesses and rob the honest taxpayer of funds which should go into public services.”
Customs estimate that the evasion of road fuel duty and legitimate cross-border shopping in Northern Ireland cost an estimated £340 million in 2002.
(MB)
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