CAB sells £1m house

Anti-gang investigators have been given permission to put this mansion on the market for up to £1million – after a court ruled cartel boss Daniel Kinahan effectively owned it.

The mansion, in South Dublin, will now be put up for sale and the profits raised will be given to the Irish exchequer. The move was copperfastened by a High Court judge yesterday who ordered that a receiver take control of the property following an application by the Criminal Assets Bureau.

The house, located near Tallaght, is the first property that has been seized from Kinahan, 45, after it was found to be the proceeds of drug-trafficking. Mr Justice Michael Macgrath yesterday said he was satisfied to grant an application made by Shelley Horan BL on behalf of CAB that their legal officer be appointed receiver to sell the property “on the open market”.

Ms Horan said the property was a “substantial five-bed” house at

Coldwater Lakes in Saggart, valued at £860,000 to £920,000 in 2013.

She said that when gardai called to the house on May 23, 2019, a “close associate of Daniel Kinahan” was living there with his family.

Last month the court heard Daniel Kinahan is an individual who “sanctioned a number of murders”.