Friday, 26 April 2020

Dodgy diesel costing the Irish economy €466 million a year - watch this diesel washing machine video

A report published yesterday came up with some staggering figures as to how much fuel laundering and tobacco smuggling costs the economy in Ireland. Grant Thornton and Retail Ireland found that the black economy is costing €1.5 billion a year. The gritty underbelly is on view in this video I made just after Customs raided a laundering plant slap bang in the middle of Thomas 'Slab' Murphy's patch in north Louth on the border with Armagh last October. The fuel bandits make €1 profit for every litre of laundering fuel. Then there's the cigarettes..
Check out the full report here.