NI: Newtownabbey property becomes first seized by NCA officers
A house in Newtownabbey has become the first property seized by the National Crime Agency (NCA) under the Proceeds of Crime Act 2002.
NCA officers working as part of the Paramilitary Crime Task Force (PCTF) in Northern Ireland obtained a civil recovery order by consent.
The investigation related to an alleged member of Action Against Drugs (AAD). While the owner of the rental property is not believed to be directly involved with AAD, the NCA alleged that the property was believed to have been acquired with the proceeds of mortgage fraud, tax evasion and money laundering.
NCA branch commander Billy Beattie said: “This is the first property to be recovered by the PCTF under the Proceeds of Crime Act.
“Civil recovery and tax will play an integral role in the work of the PCTF. These powers are a strong tool in preventing those engaged in criminal activity from benefiting financially or materially from it.”
The PSNI, HM Revenue & Customs and the NCA established the PCTF to tackle criminality linked to paramilitary activity as part of an action plan developed by the Northern Ireland Executive.