Cab sales: houses, cars . . . and the General

A "substantial" house formerly belonging to the murdered Dublin crime boss Martin Cahill was one of a number of properties sold…

A "substantial" house formerly belonging to the murdered Dublin crime boss Martin Cahill was one of a number of properties sold in Criminal Assets Bureau receivership sales last year, according to its annual report.

The former home of Cahill, known as "the General", at Cowper Downs, Rathmines, was sold at auction in June last year for €904,000, significantly below the asking price for similar houses in the neighbourhood.

At the time it was reported that the sale would generate about €700,000 for the Exchequer after costs.

Five houses and seven cars were sold last year in Cab receivership sales under court orders. A property in Limerick taken from a figure engaged in criminal conduct was also sold.

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The report reveals that nearly €2 million was paid to the Minister for Finance arising from disposal orders for property and assets.