Thursday 17 January 2019

Father-of-three charged in connection with alleged €1.95m money laundering operation

Ballyfermot Garda Station
Ballyfermot Garda Station
Andrew Phelan

Andrew Phelan

A FATHER-of-three has appeared in court charged in connection with an alleged €1.95m money laundering operation.

Adam Muhammed (42) was granted bail after he was brought before Dublin District Court today.

Judge Michael Walsh adjourned the case to this Thursday, remanding the accused in custody with consent to bail, pending the surrender of his passport to gardai.

Mr Muhammed, with an address at Cherryorchard Green, Ballyfermot is accused of nine counts of handling sums of money, alleged to be the proceeds of criminal conduct, all under money laundering legislation.

He is further charged with using a false instrument - a copy of a letter on the headed paper of a credit union.

The charges relate to a total of nine international transfers, with a combined total of around €1.95 million euro that were received into four separate bank accounts at various Irish financial institutions, between May, 2014 and November, 2015.

Today, Det Gda Thomas Victory of the Garda National Economic Crime Bureau said he arrested the defendant at 7.30am at the accused's home.

Mr Muhammed made no reply to any of the charges after caution and was handed copies of the charge sheets, he said.

The DPP was directing trial on indictment and Det Gda Victory sought an adjournment for the preparation of a book of evidence.

Det Gda Victory said there was no objection to bail, subject to conditions.

Judge Walsh granted bail, on condition that he surrenders his passport, does not apply for any new travel documents and signs on weekly at Ballyfermot Garda Station.

Mr Muhammed must also reside at his home address and notify the gardai of any change in this.

His solicitor Siobhan Conlon said Mr Muhammed had been living in Ireland for 20 years and had an Irish passport.

He would be in a position to surrender it but did not have it on him, she said.

Applying for free legal aid, she said her client was in receipt of social welfare and handed a statement of his financial means in to court.

Judge Walsh deferred granting legal aid, saying he needed the accused’s means to be vouched either with a letter from the Department of Social Protection stating his payments for the last year, or a P60 if he had been working.

The accused has not yet indicated how he intends to plead to the charges.

Nine counts are under Section 7 of the Money Laundering and Terrorist Financing Act 2010. The 10th is contrary to Section 26 of the Theft and Fraud Offences Act.

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