High Court rules car and cash were proceeds of crime
Published 30/05/2014 | 15:57
A CAR and cash seized by the Criminal Assets Bureau (CAB) were acquired by a man from the proceeds of crime, the High Court ruled.
James "Liamy" Ryan (37), of John Sweeney Park, Carlow, had contested the application by CAB seeking to have a receiver appointed over the assets.
CAB officers told the court they believed Mr Ryan was heavily involved in criminal activity and associated with a number of people just prior to their arrest in connection with the seizure of significant quantities of drugs in the midlands area.
CAB began its investigation in 2010 into Mr Ryan who is on social welfare and has around 20 previous convictions, including for burglary and robbery, the court heard.
In August 2011, it seized €13,790 in cash from his wife Loretta in Carlow. It also froze bank accounts in the names of their three children for sums totalling around €7,900.
Yesterday, Mr Justice George Birmingham said he was satisfied from the evidence to appoint a receiver on the cash and bank accounts and also order the sale of a Toyota Avensis which was seized last year. The money is to be held in an interest bearing account pending further order.
The judge said Mr Ryan, who claimed the money came from selling horses, had not fully engaged with the facts of the case.