Gilligan house seized by CAB is put on market for €250,000
A house seized by the Criminal Assets Bureau (CAB) from gangland boss John Gilligan and his son, Darren, has been put on the market for €250,000.
The Supreme Court gave the go-ahead to the bureau last November to sell the house at Weston Green, Lucan, west Dublin, and other assets owned by Gilligan.
The four-bedroomed semi has been advertised by Lowe and Associates as "an attractive family home situated in a tranquil cul de sac facing a green".
Gilligan, who is serving a 20-year jail sentence for drug trafficking, was the leader of the gang who murdered 'Sunday Independent' journalist Veronica Guerin in June 1996.
In response to the murder and the fatal shooting of Det Gda Jerry McCabe earlier that month, the Government set up the bureau to track down the assets of gangsters and terrorists and seize them.
The Supreme Court heard the Weston Green property was jointly owned by Gilligan and his son, Darren, a former drug addict.
Darren Gilligan gave evidence that he received €15,200 when he reached the age of 18 as a result of an injuries claim.
He said he gave the entire sum to his father, asking him to "invest it". Some time later, his father said he had a good tip for a horse and asked if he wanted him to put €3,000 of that money on the tip.
"I told him to keep gambling. At the end of the week he had built up €56,000." He said he decided to buy a house in Lucan, which was put in his and his father's name.
He confirmed he had never heard of his father's associate, John Traynor, despite his personal injuries payout being initially lodged in a bank account belonging to Traynor's daughter.
During the November hearing, the Supreme Court also gave permission to the bureau to sell off Jessbrook equestrian centre, the prize asset in Gilligan's property portfolio.
Gilligan is due for release from prison at the end of August.