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Government needs to supply the tools and resources to break corporate omertà amongst Anglo Irish Bank and other financial gangsters throughout this state – O’Brien

3 June, 2011 - by Jonathan O'Brien TD

Sinn Féin Justice Spokesperson Jonathan O’Brien TD calls on the government to study in detail the recommendations of the Office of the Director of Corporate Enforcement in relation to white collar crime. These were reiterated in the annual report of the ODCE for 2010 published this week.

Commenting on this report Deputy O’Brien said:

“ There is an urgent need to publish legislation which will introduce mechanisms such as plea bargaining and immunity programmes, where necessary, in return for real and meaningful disclosure of corporate gangsterism.

“This could have the same impact on the Irish corporate mafia as the witness protection scheme had on the US mafia. It could deal with the omertà type silences of the ten 'reluctant' witnesses in the Anglo Irish Bank investigation. The weakest link breaks the entire chain.

“We need to ensure that we get the measures right in the ‘white collar’ Criminal Justice Bill going through the Dáil at the minute so that we have another effective weapon in combating corporate wrongdoing.

“Sinn Féin reiterates the absolute requirement for the promised legislation to give protection to whistleblowers, willing to open the lid on the murky depths of corporate misconduct in Irish life.

“None of this will have any impact though if the state doesn’t adequately resource those who need to investigate such crimes. The report of the ODCE tells the usual tale of a capacity limited by a lack of resources; it stated that ‘the availability of garda resources for ODCE criminal investigations was severely reduced by the Anglo work’.

“Nobody has to be told of the damage, suffering and financial harm caused to ordinary people by white collar crime and commercial greed.

“Sinn Féin calls for immediate legislative action and resources to ensure we tackle corporate criminality and replace this with an ethos of accountability and sound sustainable enterprise.”

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