Labour leader Pat Rabbitte has said the British and Irish governments have been hoodwinked by the IRA and Sinn Féin.
The North's Chief Constable Hugh Orde has unambiguously blamed the IRA for carrying out the massive pre-Christmas raid on the Northern Bank in Belfast.
Deputy Rabbitte has said the latest development makes a mockery of the IRA's commitment to the peace process.
Mr Rabbitt has said: “They can't agree to destroy armaments and semtex but maintain an infrastructure for the purposes of criminal activity either to fund their political activity or for whatever other reason.”
“It is that last step that has to be taken before we can say that we are in a post-IRA Ireland, but you can't play down significance of what has happened in the last couple of weeks.”