CAB reaches settlement with General's family

The Criminal Assets Bureau is to sell a house in Ranelagh formerly owned by the Dublin criminal Martin Cahill.

The Criminal Assets Bureau is to sell a house in Ranelagh formerly owned by the Dublin criminal Martin Cahill.

The house in Cowper Downs has an estimated value of €1 million. The proceeds will be forfeited to the State, the High Court was told today.

However, Cahill's wife, Frances Cahill, has won the right to retain a derelict lot in Dolphin's Barn, while her sister Patricia Lawless is to be permitted to keep another property in Rathmines.

The proceedings to have the three properties frozen were taken by the CAB under the Proceeds of Crime Act.

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Cahill, who was known as The General, was shot dead by the IRA outside the Ranelagh house in August 1994, just before the declaration of its ceasefire.