THE Criminal Assets Bureau has collected almost €100,000 from a car dealer alleged to have made fraudulent Revenue claims.
The High Court gave the go-ahead to the bureau to seize and dispose of assets that belonged to Roger O'Grady (29) under the Proceeds of Crime Act.
These included a red Ferrari F355 car, which was sold off for €41,900, a Robinson R22 helicopter for €15,000 and a Range Rover Vogue for €12,000.
Bureau officers also seized almost €27,000, which was confiscated from a bank account held by O'Grady.
The proceeds from the sales and the cash from the account, totalling €95,900, will now be forwarded to the Exchequer.
The High Court was told that Mr O'Grady, who had a number of addresses in Roscommon and Cavan, had allegedly made fraudulent claims on the Revenue Commissioners.
The sale of the assets was organised after the bureau's legal officer, Declan O'Reilly, had been appointed as receiver.
Last November, Mr O'Grady was arrested, while driving the Range Rover Vogue in Roscommon town, in relation to contempt of High Court orders made the previous July and August.
Bureau officers argued before the court that the assets had been bought with the proceeds of crime.
The court was told that at previous hearings orders were made in relation to other vehicles, an Audi and a BMW, which had been sold by Mr O'Grady to "innocent" third parties.
Details were given to the court of a bank account in Claremorris, Co Mayo, from which monies would be transferred to the CAB legal representative.
Mr Justice Kevin Feeney also ruled that Mr O'Grady should undertake to give a full statement of his affairs in regard to all vehicles held at Derrylin, Co Fermanagh and said the Range Rover he was driving when arrested should be handed over to the CAB.
Mr O'Grady said he would comply with the direction of the court.
Mr Justice Feeney warned that the court would "take a particularly strong view" if he did not comply.