A new report commissioned by the government recommended that major legislative changes be made and given greater powers and resources to the Gardaí and other agencies investigating corruption, fraud and economic crime.
The Hamilton Review states that the Gardaí should have legal access to passwords for electronic devices.
It also recommends longer detention periods to allow suspects to be interviewed and says changes in laws are needed to address the ethical violations of former Oireachtas members.
As a major international financial services centre, Irish-based companies managing funds valued at around €1.8 trillion, Ireland’s risk and exposure to white-collar crime, particularly fraud, is very important, this report claims.
Former Attorney General James Hamilton’s 153-page report recommends 25 legislative, police, structural and procedural changes to tackle white-collar crime.
It says the gardaí should have search warrants that allow them to gain access to passwords on phones, computers and other electronic devices.
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