Money laundering: a long term time bomb?
Conor Lally in today’s Irish Times has an interesting story on the IRA’s alleged money laundering operations (subs needed). Given the long lead times that are common for such complex investigations, it seems unlikely that any of this will tip the current political apple cart. But a long fuse has been lit here. If and when prosecutions arise, the effect could be politically explosive! IRA extortion demands from companies of up to €400,000 per year are not uncommon. A single …