Wednesday 21 March 2018

Haughey's son-in-law left estate worth just €10

Anne-Marie Walsh

A DECEASED son-in-law of former Taoiseach Charles Haughey left an estate worth just €10 in his will.

But the value of John Mulhern's estate does not include any assets he may have held in trust.

Documents lodged in the Probate Office in Dublin reveal Eimear Haughey's deceased husband's estate -- which includes property, money and other possessions -- was worth very little.

Mr Mulhern, of Meadow Court Stud, Maddenstown, The Curragh, Co Kildare, died in March at the age of 69 following a long illness.

Not long before his death earlier this year, the businessman and horse trainer made a €1.4m tax settlement with the Revenue Commissioners that included €887,000 in interest and penalties for unpaid income tax and capital gains tax.

His was one of the top five biggest settlements on the tax defaulters' list.

Mr Mulhern previously featured in the report of the inspectors into the secretive Ansbacher offshore operation, run by the late Des Traynor, a friend of Mr Haughey.

He was also an investor in the failed independent radio station Century Radio, the subject of an investigation by the Flood/Mahon Tribunal.

Mr Mulhern became a multi-millionaire when he ran the Findus frozen food franchise.

His wealth has been attributed to the popularity of fish fingers among Catholics on 'fish only' Fridays.

He was also a well-known face on the racing scene and trained Flashing Steel, owned by his late father-in-law, who won the Irish Grand National in 1995.

Manchester United manager Alex Ferguson and ex-Taoiseach Albert Reynolds were among the mourners at his funeral in the Curragh earlier this year.

Irish Independent

Today's news headlines, directly to your inbox every morning.

Editor's Choice

Also in Irish News