Money Laundering in Ireland

in Business Risk

Between 2009 and 2011, anti-money laundering officials in Ireland received 38,984 suspicious transactions reports. 80 percent of the reports dealt with domestic tax issues and social welfare issues.

During the three year period, 10 people have been convicted for money laundering cases in Ireland.

Between 2003 to 2011, a total of 98,000 suspicious transactions were reported to authorities.

Source:  Conor Ryan, “40,000 tip-offs on dirty money offences,” Irish Examiner, July 8, 2013.

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