Fri, 21 Sep 2018

Kinahan drugs and gun empire worth 1 billion euros

By Sheetal Sukhija, Dublin News
12 Jul 2018, 05:39 GMT+10

DUBLIN, Ireland - The Criminal Assets Bureau, which made court application to sell off cars, property, and jewellery linked to the Kinahan cartel on Wednesday, has revealed the total worth of the cartel’s operations to the court.

On Wednesday, the Criminal Assets Bureau filed documents related to assets of the cartel, which included 29 luxury cars, a motorcycle, properties in Crumlin and Clondalkin, jewellery and cash seized from the gang’s alleged foot soldiers.

The court was told that the murderous global crime gang, the Kinahan cartel runs a 1 billion euros worth drugs and guns empire.

Further, CAB lawyers identified Liam Byrne, brother of Regency Hotel shooting victim David, as a “trusted lieutenant” of Daniel Kinahan, who is the son of Dubai-based gang boss Christy.

In his statement to court, Senior counsel Remy Farrell reportedly said that Byrne’s associates are involved with the Kinahans, who run a worldwide drugs and gun-trafficking business estimated to be worth 1 billion euros.

Further, the senior counsel told the court that Sean McGovern, who was jobless and was also injured in the 2016 shooting,  never explained how he could pay 150,000 euros cash for a house in Dublin.

Subsequently, CAB sought an order from the High Court that would allow it to sell valuable assets it has seized claiming that it was linked to the Kinahan cartel.

Further, the court heard an application by CAB against several people who were identified as associates of Byrne by the bureau.

CAB has claimed that Byrne is head of a gang from the Crumlin/Drimnagh area which is central to the deadly Kinahan-Hutch feud.

The rivalry has, so far, resulted in ten murders.

Meanwhile, Byrne’s lawyer, his partner Simone McEnroe, and his close associate Sean McGovern, informed the court that all three would not take part in the proceedings in any substantive way.

CAB has alleged that Byrne’s associates act as a network and front for him.

It claims that their wealthy lifestyles are not in keeping with legitimate sources of income and believes the associates are involved with the Kinahan gang. 

The Kinahan gang, CAB has claimed is behind international drugs and firearms trafficking business estimated to be worth up to 1 billion euros.

Justice Carmel Stewart reportedly reserved her decision on whether CAB can sell the items seized after hearing only from Farrell.

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