The Criminal Assets Bureau has seized a premises used as a brothel on the south side of Dublin. It will be placed on the market with the expectation that it will fetch around £500,000, writes Jim Cusack, Security Editor.
Formerly the Academy brothel at Lower Rathmines Road, it was owned by a Maltese woman, said to be "in retirement" in Malta. It was bought in 1990 from the proceeds of another brothel in Eustace Street in the Temple Bar area.
The brothel in Rathmines is the second property seized by the bureau this month. It also seized a house in Tallaght which was bought six years ago from the proceeds of drug trafficking by a member of a well-known south Dublin criminal family.
