25/Jul/2014 - Last News Update: 22:58

Police seize record amount of cash from crime gangs

Category: Scotland

Published: 21st Feb 2011 00:22:35

Police officers have seized their highest ever amount of cash from organised crime groups in Scotland in a single year.

The Scottish Crime and Drug Enforcement Agency (SCDEA) recovered £1.25m over the past 12 months.

The figure is more than six times the amount recovered in the previous year.

The agency said the amount of money recovered could potentially have been used to buy about 56kg of heroin or 27kg of cocaine.

The majority of the cash was seized in raids on property and vehicle stops, including £40,000 seized from a goods vehicle on its way to France and almost £90,000 seized from the home of a drug courier in England.

Strathclyde Police officers also recovered more than £200,000 after stopping a car during a drugs investigation last June.

Police said they had been been targeting "working cash" - the money used to pay for the drugs that are then sold on.

These working cash seizures are in addition to the assets of criminals identified by the SCDEA through their operations under proceeds of crime legislation.

The SCDEA said cash seizures had already caused significant disruption to the drug supply chain.

Deputy Chief Constable Gordon Meldrum, SCDEA director general, said: "Serious organised criminals are only interested in profit and power and they crave cash to help them buy both.

"So by taking out these huge amounts of cash from their operations, we know that it will be throwing them into turmoil. They will have to backtrack on commitments, pull out of deals, and launder more funding to replace the cash."

He added: "That will hurt them in the pocket, make them look less influential, and force them to take more risks. And when they take those risks, they will again find us waiting for them."

Justice Secretary Kenny MacAskill said the amount of cash recovered in the past year was "excellent news for decent people across Scotland".

He added: "It is absolutely vital that our police and law enforcement agencies continue to disrupt or smash serious organised crime networks."

Source:
BBC News External Link Show Citation

Latest News

Harvard Citation

BBC News, 2011. Police seize record amount of cash from crime gangs [Online] (Updated 21st Feb 2011)
Available at: http://www.ukwirednews.com/news/132168/Police-seize-record-amount-of-cash-from-crime-gangs [Accessed 26th Jul 2014]

News In Other Categories

  • Could bulk-buying save NHS pounds?

    Would it be better if the NHS bought in bulk?
  • Russia loses control of gecko sex experiment satellite

    A Russian satellite containing geckos, fruit flies and mushrooms could plummet to earth if control is not regained, according to reports.
  • Blackhead Path rock fall warning signs ignored

    People who are ignoring signs not to walk along a County Antrim coastal path are putting their lives at risk, the mayor of Carrickfergus has warned.
  • Ghost gazumping: Buyers' peril from rising house prices

    Imagine finding your dream home, and then having your offer accepted. You are ecstatic.
  • Bristol Academy extends reach overseas with first foreign students

    With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com
  • Glasgow 2014 round-up: Day Two

    The Commonwealth Games is 11 days of non-stop action.